It seems that one of Gizmodo’s reader managed to capture a picture from an XBox Live event that will occur today hinting that Microsoft will soon upgrade it’s beloved console’s Hard Drive disk to a more confortable 70GB capacity.

Now all you need is for someone to develop a decent codec pack for the console and you get yourselves a cheap, media center device. But I wouldn’t count on it much though, not until someone releases a special chip or program to do so.

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