[quote name='CocheseUGA']There's not even a new 360. All it is, is rumor. Conjecture. No basis in reality. If there were a new 360 coming out this year, your cost/benefit ratio is all sorts of

ed up. You get a year warranty right now. It's real easy to swap them out should they even become available. Yeah, you're getting a smaller chip in the future. Woo. There's no proof that it's going to be any cooler...not that the thing runs agregiously hot right now. You also deny yourself the experience of playing these games (and some are super cheap ATM) for however much longer the upgrade takes.
And when the new chip hits, it may be months before it even shows up in stores after it goes gold, and how are we going to tell?[/QUOTE]
First off, you're talking to a guy who has 30 unopened games at the moment. The only two games I have a huge crushing desire to play are Dead Rising and Viva Pinata. I don't care about Gears or anything else to the point where I would walk into Best Buy right now and drop $60 on it without even thinking about it. As far as missing out on super cheap games at the moment, again no. I've bought some 360 games on the cheap and I'm perfectly content just having them sit there on my shelf until I get a 360. I did the same thing with the PSP too.
As far as the rumor goes while it is still only a rumor, there are more then a couple of photos floating around of the Zephyr dev kits. I also seriously doubt that Microsoft is going to allow you to switch out an old style 360 with a hypothetical new style 360. Also we'll be able to tell what's a new 360 and what's an old one because every blog and gaming newssite has their ears and eyes open for this announcement or the product. Hell, we've all seen the leaks and we know that something is in the works. The change chip set is currently the low end of what'll be different. There could be a ton of other changes out there too including an HDMI port, a bigger hard drive, and built in wi-fi.
All I know is the 360 hasn't set my world on fire. If it was $300 with hard drive, I would buy one (and would have at the TRU sale if they weren't sold out). If it was $400 with a 60 GB hard drive, built in wi-fi and/or HDMI I would probably buy it then too. I want a 360 at this point, but I don't "need" a 360 especially because I don't have a HD TV or any desire to play any of the January-March games.
Edit: Actually, I really want Crackdown and that's out sooner rather then later. That game looks balls fun.