Future Xbox 360 owners have reasons to be happy this Sunday morning, and current owners have reasons to groan. It appears likely that Microsoft will be releasing an updated version of its Xbox 360 console at a date to be determined. The big news is that the system will literally be cooler, meaning fewer defective systems needing repaired. The second piece of news is that it will come with HDMI support. Finally, a 120GB hard drive is in the works. We will have more information as Microsoft announces it.