Eurogamer are reporting that the XBox 360 could cost €349 when it is released later this year. There also seems to be confusion around whether there will be more than one version of the XBox 360 at launch, and whether it will ship with the hard drive or not. Shipping it without one would cause problems for backwards compatibility, so I don’t see that as likely. However, it may well be that there will be versions with larger capacity drives available.