[Updated] New Xbox 360 Model Announced

Update: Microsoft has released high-res images of the new 360 console. Check them out in the media gallery below.

Original Story: Microsoft kicked off its E3 press conference by revealing a newly redesigned Xbox 360, along with some bonuses for Xbox Live Gold subscribers.

Microsoft's Yusuf Mehdi didn't say much about the redesigned Xbox 360, other than that it's smaller and sleeker than the Xbox Slim, and that it is available for purchase starting today. Mehdi also announced that Xbox Live Gold members will be receiving two free games per month starting in July, running until the launch of the Xbox One. Two of the games included for free download will be Assassin's Creed II and Halo 3. 

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