E3 2010: Microsoft: New Slim X-Box 360 announced

NOTE: THE NAME OF PROJECT NATAL HAS SINCE BEEN CHANGED TO KINECT

The new Xbox 360®. Here today, ready for tomorrow with a brand new, leaner machine in an all new black gloss finish. Wi-Fi is built-in for easier connection to the world of entertainment on Xbox LIVE, where HD movies and TV stream in an instant. It’s ready for the controller-free experiences of Project Natal—you don’t just play the game, you are the game. With the huge hard drive you’ll have plenty of space to store your favorite games and movies. Xbox 360 is more games, entertainment. and fun.

Xbox 360 250GB Hard Drive: The internal 250GB hard drive allows you to save your games and store television shows, movies, music, pictures, trailers, levels, demos, and other content available from Xbox LIVE Marketplace.
Built in Wi-Fi: The new Xbox 360 is the only console with 802.11n Wi-Fi built in for a faster and easier connection to Xbox LIVE. Download or stream HD movies, TV episodes, and games from Xbox LIVE Marketplace in 1080p and 5.1 surround sound from anywhere in the house. Compatible with b/g/n networks.
Project Natal ready: Coming this holiday, Project Natal will make YOU the controller. With a dedicated, specialized port, the Xbox 360 250GB is built to connect seamlessly with the Project Natal sensor— and have you up off the couch and into the world of Project Natal in no time.
Xbox 360 Wireless Controller: This award-winning, high-performance wireless controller features the Xbox Guide Button for quick, in-game access to friends and music. It has a range of up to 30 feet and a battery life of 30 hours on two AA batteries.
Xbox 360 Headset: Strategize or trade taunts while playing games, and chat with your friends on Xbox LIVE.
Xbox 360 Composite A/V cable: Maximize your Xbox 360 picture quality on standard-definition televisions using this S-Video connection for a noticeable image improvement over traditional composite connecters.
Xbox LIVE: Xbox LIVE brings a whole world of entertainment possibility right to your Xbox 360. Play with friends online, and watch streaming movies and TV from Zune and Netflix, all in crystal-clear HD. You’ll find loads of your favorite music from Last.fm and the ability to connect with friends on Facebook and Twitter right on the best screen in the house.