Someone has released this unconfirmed info of what Microsoft will reveal at upcoming E3.

* Xbox 360 Premium Pack price is going to drop $100 in October.
* Xbox 360 Core Pack price is going to drop $80 in October
* Gears of War is going to be released the last week of October with an huge marketing campaign at global scale.
* HD-DVD for the next month of September. Add-on that you can connect to the USB 2.0 port. It is going to be priced for $100
* New HardDisk Drive with 100GB of storage, price and date not specified.
* Webcam "My Eye on you", for the month of September with a price of $50 without game and $75 with a game.
* Xbox Backward compatibility list is going to be updated in June with 50 new titles
* The capacity of the Xbox Live Servers is going to be 5 times more than the actual servers
* Halo 3 is going to be in the market the next month of March, in E3 we are going to see the first videos.
* Possibility of an "urban game" that could be GTA. Microsoft is working on it and this isn´t a joke.
* A possible price drop in Xbox Live Gold or it is going to be free because they are going to get money with promotional advices.
* From the next month of October we are going to change some records in some games for "MSpoints".
* Paramount Pictures and Microsoft has anounced an agreement where Paramount is going to provide HD content to Xbox Live.
* NBC has signed with Microsoft for the possibility of see the online tournaments like an sports live retransmisión.
* Aliance between Epic and Microsoft for exclusive content in Xbox Live.
* Creation of a Dashboard for kids.
* A new service in june: Download and play.
* Rare is working in Kameo 2 since before the release of Kameo. Is going to come before than expected.
* MS is working for an upgraded friend list (until 200 contacts)
* Virtual Console with Sega games before the next month of October
* An spectacular upgrade in the number of Xbox Live Arcade games in the next months.
* New look for Dashboard.

Price drop? Too early what...maybe Microsoft really afraid of PS3.