Engadget landed pictures of what appears to be the second Xbox 360 -- the Xbox 360 v2, if you will -- codenamed Zephyr. (The original Xbox 360 was codenamed Xenon.) The long rumored about and awaited update to the console won't just feature a new, cooler 65nm processor, it's also finally added an HDMI port for full digital 1080p pleasure, as well as a 120GB drive, just what the doctor ordered. The 120GB drive may or may not come bundled with the kit, we don't yet know, just as we also don't yet know how much a Zephyr 360 is going to run. But the Xbox insider said we'd be able to get them "soon."
However until we get the official word from Microsoft this story should be treated as a rumor.