Speaking on the latest episode of GameTrailer’s Pach Attack, Wedbush Morgan Analyst Michael Pachter has some interesting thoughts of the long rumored Xbox 360 Slim.  The picture above is a rumored picture.

"I think there is a 360 Slim, although I don’t think they will call it Slim since the PS3 is called that. I think there is a cheaper version of the Xbox 360 console coming out. I think it will probably have a different graphics card and processor, and if it does exist they will save around $20/30 on each unit.

"They won’t cut the price on this unit. Instead they will bundle it with Natal and perhaps a 250GB HDD for $299, see if they can get 8-10 million units out there and make Natal their future platform.

While it is fairly strong rumored that Project Natal will come bundled in a package, Microsoft has made it clear Natal will work with all existing Xbox 360’s.

To watch the video click here.