Fake. Besides, why hasn't MS been anywhere talking about this? Plus - MS will embrace HD-DVD instead of Blu Ray. Same capacity ATM, they have a license for it and don't need to sacrifice space.
The HD-DVD format is dead for movies, but not for storage. Making discs is not the prob. The HD-DVD makers could easily - EASILY - restart it. The PSP, the DS, GC and others have proven a console can support a single format.
I will bet my sig that MS will do that - yeah, Red, baby!