Xbox 360 Slim?

Images displaying what looks to be the motherboard for the Xbox 360 Slim have emerged. Could Microsoft be preparing to launch a new slimmer version of the powerful 360 along side Project Natal? The images apparently say so, the technical experts at Digital Foundry , part of sister site Eurogamer, have analysed the images in detail and identified what appears to be a new integrated Xenon and Xenos CPU/GPU processor.

Images do not show whether the new hardware uses a smaller fabrication process than the 65nm that the current Xbox 360 uses for both chips. With smaller parts, could come a smaller console which Microsoft could sell at a reduced price.