regarding a the possibility of a slimmed down Xbox (the 540) appearing in 2009, generated by information on TG Daily, is it appears not going to happen.
It seems that Microsoft has contacted Engadget to inform it that, "While we don't normally comment on rumors like this, we can tell you that we have no plans to release a new console in 2009".
As we said yesterday, it's unlikely that Microsoft would confirm such news, as it wishes to keep selling 360s. However, it's refreshing to see any platform holder coming into the public domain with a firm denial (or indeed confirmation). So, points to Microsoft for this.See Engadget