Really informative thread.
Those pics better be fake, the close-up looks like a photo-copier or something, and the pic of the face is really crappily done on some cruddy vector programme, if the pics are real then Microsoft need to get some new modellers/cgi people in.
As for whats inside the x-box, I read it's 4 pentiumIII's stuck together each running at 3.5 ghz, there's an inbuilt "eye-toy", joypads aren't wireless, andthere's no hard-drive because they are going to use usb flash-drives.
It's not going to be as technically advanced as the PS3, as Sony are creating some sort of crazy board with a weird chip-set, so x-box fanboys will have to rely on the "It has better games" arguement, that PS2 fanboys have relied on the last few years.