Xbox 720: every rumour about the new Xbox

Rumours about the new Xbox (or Xbox 720, as it's often referred to as) are now more than just internet gossip. It's one thing to wildly speculate about the next Xbox console. It's quite another to find out that Microsoft is gearing up to build one.Recent job postings reveal that the Xbox Console Architecture team is hunting for new blood. Successful candidates will join a team that will be "responsible for defining and delivering next generation console architectures from conception through implementation."It screams Xbox 720 (or whatever Microsoft chooses to call its new Xbox). So let's gather together the facts, the half-whispered untruths and the wishful thinking to see what such a machine might be like? The Xbox 720 specs will be a significant technological leap forwardThe Xbox 360 was launched in 2005, with the best technology that 2004 had to offer. Inside, it used a custom-made IBM Power PC with a trio of 3.2GHz cores and an ATI graphics processor. Compare this ageing specification to a 2011 PC like the Scan 3XS Vengeance. It rocks the latest Core i7-2600K Sandy Bridge CPU, Nvidia GTX 580 graphics card, 1TB of onboard storage and 8GB of DDR3.