There's some good news for those who are holding off upgrading, continuing with_their good old Xbox 360. Microsoft has introduced a new 500GB hard drive option for the Xbox 360 console, which comes with a $109.99 price tag._
The hard drive is not available for purchase at the moment, but the product page lists that pre-orders will commence very soon. This should give storage hungry users a sigh of relief since they can get additional space for a decent price tag._