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For those people going on about the HDD being a issue they could just release a adapter cable so you can run old HDD's external from the console, this would also allow you to copy the contents of your old fat HDD onto the new slimmer version or just run it in the event you're at a friends. This is not rocket science.

A slimmer 360 will be released at some point as Microsoft need a chassis redesign to increase reliability too also.