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Okay on another board I go to that shall remain nameless but is home to many industry insiders (hell no, not neogaf, that place is lame) a guy who appears to know a lot about Falcon, possibly working for MS, or perhaps in Taiwan, has made a few statements in reference to Falcon and the recent articles about it.

 

In response to this article http://www.xbox360wire.co.uk/2007/07/18/redesigned-falcon-xbox-360-coming-sooner-rather-than-later/ in a thread discussing it he said (in various posts not all at once). I have divided his comments by post 1, 2, etc.

Post #1 "That article is rather misleading. It's farther along than you think. The Falcon has been in production for the last couple of weeks. MS is ready for a price drop even now as I type."

 

Post #2 "The northbridge of the system has been drastically reduced. Along with both chips. Power Supply. Heat Sinks. And overall internal metal casing of the system."

Post #3 "
"This is happening over the course of 6 months. It started in May already. When Xenos went to 65nm. Now that MS has bled the retailer space dry. They are ready to start putting the new hardware on shelves. Retailers already know when the price drop will hit."

 

Post #4 "More than likely the final phase of the falcon augmentation will signify some form of newness to the consumer. Whether it be a new color. New Design. Or a special sticker on the box"

So this guy seems reliable and there are MANY industry insiders on this forum so it sounds like Falcon is EXTREMELY close and very cool..