Last week's rumor of two new Xbox 360 bundles are confirmed today by an official press release. Microsoft has announced the Halo 3 and Fable II bundles, both of which are touting the coveted Game of the Year tag on them. Release details in the full article.

Xbox 360 owners may want to hold off on getting the latest Dashboard Update. It seems the update - which was supposed to fix HDMI-related sound issues - are causing some boxes to RROD. Coincidence, maybe, but why take the risk until you know for sure?

Microsoft's giving us a reason to turn our backs on iTunes and give Netflix a try on Xbox Live. They started a weekly sweepstakes promo where one lucky, lucky gamer will get a chance to be hated by everyone in the neighborhood by winning a complete Samsung Home Theater Package. Sounds cool?

With video game consoles becoming more and more commonly found in households the world over, the Environmental Protection Agency (EPA) is now drafting plans to include game consoles in its Energy Star program. A quick look through the Energy Star 5.0 draft has revealed a few of the requirements needed for consoles to pass the Energy Star specs. Hit the jump for details.

A poster on the Xbox-Underground forums by the name of Electric Tuner has put up a picture of what he claims is the Opus Xbox 360 motherboard. What is this Opus all about? Find out more information after the jump.

Todd Greenwald, an analyst for Signal Hill, has told investors in no uncertain terms that the "Xbox 360 needs a real price cut." While Microsoft did drop the price of the console in the US by US$ 50, the analyst believes that it isn't enough in the face of the competition. To find out what else he had to say, head on over to the full article.

Manufacturer Lian Li was spotted displaying an upgraded version of its custom Xbox 360 chassis over at the ongoing CeBIT 2008 expo in Hanover, Germany. The kit's updated model appears to carry some new functions and details, which you can view in the full article.

All of the latest models of the Xbox 360 now sport an HDMI output, which may have left some Xbox 360 owners wishing they waited a bit longer before they bought the console. Time to stop moping about it: Mad Catz has released a new HDMI Conversion Kit that allows Xbox 360 consoles to connect directly to any standard HDMI input on their TV sets. More details and a picture of the converter in the full article.

Japan's certainly getting a lot of love from Microsoft today. Microsoft Japan just announced that they'll be taking the Xbox 360 Arcade SKU to Japanese gamers everywhere. More on this development after the jump!

Heard about the Xbox 360 Ultimate and its neat accoutrements? While it's too bad that it's still just an unconfirmed rumor, it seems that we won't have to wait long before Microsoft gets official word out, as Bill Gate himself could be the one to do the job come the opening of 2008 Consumer Consumer Electronics Show this January 7.

Check out all the details in the full article.