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According to IGN, the next-generation "Xbox will ship to retailers in late October or early November of next year with six times the processing power of the Xbox 360." Its GPU "will be akin to the Radeon HD 6670, which offers support for DirectX11, multidisplay output, 3D and 1080p HD output." Click here to see more Xbox 720 concepts. In related news, continue reading to see Ben Heck's latest Xbox 360 slim laptop.

Current Xbox 360s uses ATI (now owned by AMD) graphic chips and the PlayStation 3 uses a custom Nvidia chip. In comparison, Nintendo's Wii U graphics is said to be very similar the Xbox 360's.

Microsoft was supposed to release their latest Xbox update to the masses yesterday at approximately 10am EST, but things didn't go quite as planned and many users are still waiting to try out all the new features. Fortunately, a company representative confirmed the delay, meaning we could see it go live sometime today. Click here for more pictures. Continue reading for a 16-minute preview.

Larry Hyrb, a member of the Xbox team, started tweeting shortly before then to say that the update was being delayed; no reason was stated. As of 3 p.m. ET, the update had still not gone live. Hyrb has been updating his Twitter feed throughout the day, assuring followers that the team is working on it and to expect more news in the afternoon (Pacific time) on when the updates would officially start rolling out.

Amazon is selling the Kinect Sensor with Kinect Adventures and Gunstringer, Fruit Ninja Token Codes for only $99.99 shipped, originally priced at $149.99. An "immersive experience with nothing between you and the game, now you can serve up justice one bullet at a time with The Gunstringer and join the epic battle against the world's most delicious produce in Fruit Ninja Kinect." Product page. Continue reading to see what Gunstringer is all about.

Easily hook up with friends with Video Kinect, no headset required; Sign into your profile by just stepping in front of the sensor; Kinect games give you the freedom to jump, duck, and spin your way through a unique adventure.

If you get to a Black Friday sale later than other shoppers, one thing not to do is pepper spray them in an attempt to skip lines. Strangely enough, "she was able to pay for her purchases and leave the store before the police arrived." Continue reading for the news report.

The pepper-spraying shopper was described to be Hispanic in between 32 to 38 years of age. She was described as standing at 5-foot-3 and weighing 140 pounds. She was said to have been wearing black pants and a black sweater during the incident.

Microsoft's next-generation Xbox may not even be called the 720, but it's always nice to see what one of the potential designs could be, and the Prestige is one of them. Smaller than the Xbox Slim, it features a "combination of motion sensor technology, including not one but two cameras built into the console, and integrated voice recognition make it a super responsive and hands-free gaming powerhouse." Click here for more pictures. In related news, continue reading to see a homemade briefcase Xbox 360 system.

The console has an 8-core processor for super-speed performance up to 20 times faster than previous Xbox models. It supports 3D, 4K2K, multiTV (DPConnect), live TV and webcam, as well as GPS that allows users to view the location of any other user on an active map.

When Xbox Live engineers have a rough not, it's not the users who pay, they might actually get rewarded. This particular user was erroneously gifted 4-billion Microsoft Points, which unfortunately, was removed later. Want more wins? Then HackedIRL has you covered. Click here to see our favorites. Continue reading for a video on how the largest 3D anamorphic street painting was created.

Though the Xbox 720 might arrive in 2013, there's still plenty of time left for current Xbox 360 owners to spruce up their system with a few mods. For example, those who fancy built-in displays, the mod above has one integrated directly into an Xbox 360 console itself. Continue reading to see twelve more.

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According to insider sources that are currently developing the parts for this console, Microsoft's Xbox 720 is set to be unveiled at E3 2013. That's not all, an "EA studio already has rudimentary new Xbox console technology in-house." Click here for more pictures of the concept above.

Many rumors about what gaming companies have been working on have also led to speculation that an Xbox 720 is in fact in development. For instance, Lionhead is supposedly working on a project named Fable NExt.

Similar to this NERF gun, a talented gamer decided to give the Xbox 360 controller a Victorian-era makeover. Featuring "beautifully carved wood and leather for the handles, with bronze for the buttons." Click here for more pictures. Continue reading for a video of an actual steampunk Xbox 360.

[via Walyou - eBay]

Available in standard ($59.99) and limited edition ($79.99) varieties, Forza Motorsport 4 features over 80 manufacturers, 22 tracks, and even a revamped physics engine. Product page. Click here for more pictures. Continue reading for the video review. Here's the bottom line:

It lacks much of the technicality of Gran Turismo, but makes up for the deficit with excellent and engaging gameplay, an interesting and varied selection of vehicles and a wealth of detailed tracks. Is it enough to make me sell my Playstation 3 and finally become an xBox 360 convert? No, but I'll have no problem admitting that the Forza franchise has grown into an amazing effort from here on out.