Microsoft is talking internally about another version that comes after elite that will simply have more storage. The sources have confirmed that there have been some talks about 200 GB version of the console but the product or the timeframe has not been finalised.

If we have to guess we could expect such a console closer to Xmas date and there is still no sign of dropping the prices of the console.

Well, give them a break they are very worried about Nintendo today and its super successful Wii and the chaps are still losing money on every console that they sell but they get the money back from accessories and games and let's call it even.