New Xbox 360 Slim Unveiled ! Shipping Today for $299

Yes, you read that right! Microsoft today at their E3 event has confirmed that Xbox 360 Slim is real, and is available as of today for US $299. This new model brings built-in Wi-Fi 802.11N, compatibility with Kinect for Xbox 360, and 250GB HDD.

UPDATE 1: Official new Xbox 360 fact sheet, along with video from E3 added.