If Toshiba releases this under their own brand, I might be okay with it. It could be a more entertainment-friendly unit geared for techies and Toshiba could eat some of the price of the HD-DVD drive.
If this is another model from Microsoft, meh. Things are already confusing enough and I don't want to see MS trying to push a $500 Xbox (because you know they won't be eating money on the unit like Sony does the PS3).

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