Microsoft finally shared some information on the slim version of their XboX 360 gaming console, and it happened at an event in Delhi, India.

Although there have been rumors circling about this for a long time, this time executives confirmed it exists and said you can expect the official announcement sometime in December. It is expected that the actual device will be shipping in 2009.

There were rumors that it will use a 45nm Valhalla CPU/GPU motherboard, and it should come in a slim case.

So, if Microsoft pulls of another “3 rings of death” on this new version, at least we’ll have a portable egg pan that’s easier to carry on your picnics.

More here.