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As posted on Ars Technica, news has been released that the Xbox 360 will be backwards compatabile with older Xbox titles. This comes as great news for original Xbox owners who will be able to play most of their titles on the nex Xbox system. Owners of both consoles could now supplement the $299/$399 cost of the new system by pawning off their old system and not lose any functionality.

In other console news, the Nintendo Revolution has been promised to be available for a lower price than the Xbox 360 and the PS3. Nintendo's aggressive pricing plan plus their "revolutionary" controller should offer consumers enough reasons to consider the "third horse" when purchasing their next console system.