Didn't quite know where to put this. So this thread is as good as any.
It's actually good news for those of us who will not be early adopters. But still love our Xbox 360's. MS is really doing some great things with the Xbox 360 right now. Much more positives than they are being credited with in the media and forums. I can cite the redesign...the extended support from the article above...100 new games over the next 3 years...and free games currently underway as prime examples. Because of the greater profitability they and developers are reaping in the Xbox 360 right now, I wouldn't even be surprised to see that 2016 date extended out to 2020. Especially if they lower the price and devs/indies continue to support it. In this area, I think MS deserves huge applause.