Tonight is the night for the Xbox 360 as it is being officially unveiled to consumers via a 30-minute show on MTV. However, many details concerning the system have been leaking out all day and at 9:30pm EST, a Microsoft embargo was lifted that contained more information than a MTV infomercial could ever hold.

First, the facts. It comes with a 20GB hard drive meaning there will only be one version of the console (Edit: Kotaku's claim of HD-DVD playback is shaky at best). However, a WiFi adapter is an accessory sold separately but any WiFi adapter will suffice. All games will support both 720p and 1080i. The previously rumored Xbox Live Gold and Silver is true as are the leaked specs. Microsoft will sell a digital camera that can be used as webcam. As for the wireless controllers, they will take batteries at first, but future versions will be rechargeable.

As for rumors, a German magazine ran a huge article on the Xbox 360 and the most tantalizing tidbit is a quote from Peter Moore saying that Halo 3 is coming early next year. At the launch of the system will be Kameo, Perfect Dark Zero, and Project Gotham Racing 3. The system will arrive a week later in Europe and in December for Japan. New neat features are compatibility with the iPod, battery charging through USB, and multitasking by watching TV, a DVD, and surfing the net at the same time via splitscreens.