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Supernouva no there not here yet, they lower the price due to cheaper materials and Manufacturing like sony's PS3.
What's ACTUALLY happening is their manufacturing 65nm chips to cut down the overheating and their own production costs. This new set up will be codenamed Falcon. It's rumored to be a soft release so I'll guess around Halo 3.
Anyway wasn't there a story about the new Xbox's 360 not using the falcon setup?