14,23 million X360's by years is terribly low, so your prediction model is indeed flawed.
Halo 3 WILL push some units, and then some more. The Gears of war month, nov '06 is interesting and could be used as a land mark. The X360 sold over 500 000 units in that month in the US alone (the game itself 1 mill units, the same month).
Some argue that the installed base is so much bigger now, +10 million for Halo 3 compared to 5-6 million before Gears, and that the vast majority of Halo 3-buyers already own an Xbox360 today.
Could be some truth in that, but I think that theory is wrong in certain aspects. I remember myself buying the original Xbox just for Halo, a couple of weeks after release. And I was never a hard-core Halo-fan. This time will be similar. I won't buy a 360 FOR Halo 3 (I might not even get the game at all) but I will probably buy it at around the time it's released (late sept). Why? Well, it's a lot about psychology, and this applys to a lot of people. It just feels right. The console will feel simply "hot" as soon as Halo 3 is out. And it doesn't hurt that there are tons of big titles being released through the whol fall (actually it just started with Forza2).
And btw, don't get fooled by the "Halo 3-buyers already have an X360" saying. I say, think big! First of all, Halo 3 will sell at least 5-6 million within 6 months. Assume that only 25% of those don't have the console, and that's 1,5 million X360's sold. Ask yourself this, if Halo isnt a system-seller then what is??
And here's some more perspective. Remember how the PS2 consistently sold 20 million consoles/year world-wide(of which 4 mill could be sold in a 2-month US holiday season) and went on to sell +110 million. Think about those numbers and you'll realize how large the number of gamers out there is. Without a next-gen console.
So, certainly the thread-makers prediction model doesn't work, because you just HAVE to take into consideration the month of october this time and the effect of the biggest gaming season we've seen in many years this coming fall:
Bioshock
Blue Dragon
Mass Effect
Halo 3
Assassin's Creed
MOH: Airborne
Orange Box (HL-2 series),
and one or two of Call of Duty 4, Brothers in Arms: Hell's Highway, Lost Odyssey, another music game or Unreal Tournament 3.
I believe that will result in at least 16 million X360's sold by 31dec '07, and could well be over 18 million if MS cuts the price (which I'm certain they will, well before the holidays). If my prediction of an august price cut becomes real, I foresee this (NA sales):
Aug: 500 k
Sep: 600 k
Oct: 800 k
Nov: 1.0 m
Dec: 1.7 m
-------
= 4.6 mill
Multiply that with approx 1.5 and you get a world-wide figure of roughly 7 million, which added to the 11 million you have by august according to your graph gives you the 18 million X360's sold by years end. :)