Well, the speculation has once again rung true as Microsoft has announced it will be slipping a 60GB version of the 360 into that $349 price point. The old 20GB Pro version will be going for $299 until stocks run out, with the 60GB version coming along sometime early in August. This isn't the only Xbox news, with MS also announcing today that new programming from Universal and NBC Universal will be coming to Xbox Live, the dashboard will get an overhaul, and to top it all off the ability to store and play back games from the hard drive (like we have been used to doing with our PCs for years now). Not bad.