Up until now, Xbox 360 owners have had to contend with minimal space on their precious consoles, with only 320GB to deal with. And considering most of the games take up a pretty good amount (around 7 GB or so), it's only a matter of time before that space runs out.
However, Microsoft is ready to provide its owners an alternative, as the company has announced a new 500GB model, giving it the most space to date.
Although the new hard drive doesn't have a release date yet, Larry "Major Nelson" Hyrb stated that "it's on the way" and shouldn't be too far off. The device will sell for $110 upon release, $20 less than what the 320GB went for with a pre-installed game.