Before you ask; Kinect is the official name for Microsoft's Natal, which was merely a codename for the project. Kinect lands this November, and is priced at $150 USD. Surprisingly, it's smaller than what you might have expecetd, but still requires it's own power adapter.
Kinect has its own sub-dashboard that enables gesture and voice commands and will launch with 15 games including a Sonic title, and Turn 10 has promised to deliver a Kinect-enabled Forza down the line. Unfortunately the 'lag' has been widely critisised, and even the BBC has chimed in claiming that the PlayStation move is more accurate.
"Sony's solution is much less radical. It has retained the controller, now adorned with glowing spheres which interact with a sensor unit on the television" said BBC's Rory Cellan-Jo. "This makes the whole experience less physical than with Kinect, but it also delivers a lot more precision. Sony showed us a table tennis game which seemed to mimic the real thing much more closely than I have seen elsewhere."
With the news of Kinect was also the official reveal of the rumoured Xbox 360 slim, which for $299 USD ships with a 250GB and built-in 802.11n Wi-Fi. It has 5 USB ports, and a custom port for the Kinect which will negate the need for external Kinect power. You don't even need to wait for the new unit - as of right now, previous Xbox 360 models are not being produced, and slim versions are shipping to retailers as I write this.
On a side-note, there are also new PS3 models on the way with 500GB hard drives which have just completed testing by the FCC. While it's not confirmed, it's also said they will come with 802.11n Wi-Fi and HDMI 1.4.






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