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selnor said:
Just also thought about this.
Xbox 360 came out in 2005. The 360 has a 6 threaded 3 core PowerPC based Processor running at 3.2ghz. When the 360 was first announced PC's were still using single core processors. In fact when the 360 released only 1 or 2 PC's actually had a dual core processor.

Looking at this rumour it looks perfectly feasible. Basically we have 8 core CPUS on the market. By xmas 2013 there will be 16 core CPUS here.

When the 360 launched a dual core Pentium at 2.4ghz costed around $350. But yet the 3 core Xbox 360 was fantasticly priced for its power at the time. $479.99.


Durango:
16 cores, 4gb DDR4 ram unified, 256 EDRAM, 1TB HDD, liquid cooling, Windows 8, Kinect 2.0, DX12 GPU/13 ready.

Retail : $450 - $500. Easy.

In fact if Sony don't have something similar, then it'll be disappointing.

Xmas 2013 this is easily feasible. 8 core processors in 2013 Xmas will be well under $100 to consumer off the shelf. Let alone to Microsoft.

16 cores. Finally what I expected to have at that time.

This.

People seem to be forgetting the 720 will be released late 2013 (not 2012), by which time the tech will be a lot more common. Plus I imagine they are going for a 10 year cycle with the new console, so this doesn't seem completely unfeasible.

But I have to imagine what is this console going to need, nitrogen cooling (pun intended)?