- No hard drive. What you say? How is that possible? How about a super high amount of removable flash memory? Hard drive may be optional though.

- Number of processors? at least 3. Maybe even as many as 6. In a 3 processor set, each processor handles 2 processes. In the 6 version, each processor handles only 1 set of threads.

- Graphics chipset? Advanced chipset from ATI.

- Plays old Xbox 1 games? Not likely. ATI and NVIDIA don't get along and wouldn't like emulating each others graphics.

We should find out more at the Game Developers Conference on March 24. We will have a dedicated team of reporters there covering this and other breaking gaming news.