500GB Xbox 360 hard drive coming soon

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.