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At this time, the new revision with HDMI is NOT, I repeat, NOT the new Falcon chipset with 65nm, which would lead to less heat and supposedly less Red Ring of Doom. It has the same innards as Xbox 360 Elite, except the smaller hard drive; it's a Zephyr. This revision however does have quieter BenQ drive. If you are thinking about buying an Xbox, wait for the Falcon chipset which should be out in 2-3 months.