There has been no official confirmation, but word is that Microsoft could be ready to unveil an Xbox 360 Slim at E3. Sony has the PlayStation 3 slim after all and they do want to compete.
Let’s not forget that the PlayStation Move and Project Natal motion sensing controllers are just around the corner too. Things are heating up in the console wars. A slim Xbox 360 will be good as long as they don’t remove any important features to do it.