As a result of the increased memory size of the unit, Microsoft has also announced an increase in the official size limit of Xbox Live Arcade games from 50MB to 150MB.
The existing 64MB memory unit will drop in price from $39.99 to $29.99 following the launch of the new version.
The new memory unit will provide Xbox 360 owners with expanded storage capabilities, allowing them to store and transport their gamer profile and game data.
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