Ars Technica is reporting that the new “Elite” Xbox 360 will come with a data transfer cable which will allow users to transfer everything from their current 20GB hard drive to the new 120GB hard drive. Sounds like a great deal to me, if it’s true. It’s been a big question in people’s minds that when (not a matter of if) Microsoft releases a larger hard drive, how will they deal with users transferring their files. Personally, I use the XSATA to backup my 360’s hard drive regularly, since they tend to kill themselves in my house on a regular basis (I’m on #6 now, for those counting).

From their article:

I work for a large game distributor. MS disclosed this SKU to us a few weeks ago—definitely not a fake story. Price, features, color are all correct. MS has told us that the data will be transferred via some sort of cable that will be included with the unit. The cable will also be included w/ the 120GB drive that will be sold separately (price TBD).

Please don’t cite me, but this is all accurate info.

This is good news for everyone who’s thinking of upgrading, myself included. I’m looking forward to an official announcement from Microsoft soon.