Rumors of the new Xbox

Hey there, as this is my first blog I would first like to say I am a student at the University of Louisiana at Lafayette. Majoring in Computer Science with a focus at video game design and development. As I love video games just as much as the other person, lots of rumors have been flying around about the new Xbox 720, Loop, or whatever it may be called. New information has come out that this new device will have six times the power as the 360 and hold a Radeon HD 6670, a very powerful chip indeed. Another rumor came out recently that this console will have Blu-Ray as I think it should have had for the 360. But the most concerning rumor of all is that Microsoft might put a restriction so that if a user wants to play a used game, then it will not play. In my opinion, this is a huge downfall and would throw crap on some lifelong fans. Games are expensive nowadays and most of the time, they aren't worth the $60 we give up. If Microsoft does put this restriction in, then it shows that they are a power hungry greedy company, they should listen to the fans foremost and show that they are a company who listens.