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New Xbox 360 console redesign announced

Xbox Live Gold now entitles you to two free game downloads per month.

As previously rumoured, Microsoft has just announced a new, sleeker version of the Xbox 360. It'll be available from today - at least in North America.

We'll check on European availability when all the hubbub has died down.

Microsoft also revealed a new offer for Xbox Live Gold subscribers - you'll now get two free game downloads per month, similar to Sony's existing PlayStation Plus service.

The first two titles will be Assassin's Creed 2 and Halo 3, available imminently and Fable 3 is free right now.