According to Game Informer magazine, a new revision to the existing Xbox 360 hardware is on the immediate horizon. The new release will be in beautiful black, have a 120 GB hard drive, and feature and HDMI output, all for a mere $479. The 120 GB hard drive will be also available in late April for less than 200 dollars. Is it just me, or does this new Xbox 360 sound an awful lot like a PlayStation 3, only a bit less expensive? Official confirmation is expected on March 29, once again according to GI.