Following up on various sightings and rumors, Xbox head Robbie Bach confirmed the existence of the Xbox 360 Arcade to the Financial Times. He also confirmed that this SKU would replace the existing Core model and that it is already available at some retail stores for $279. The model features an HDMI port, 256 MB memory card, wireless controller and five Xbox Live Arcade games: Pac-man, Uno, Feeding Frenzy, Luxor 2 and Boom Boom Rocket.”Arcade becomes [for us] the ability to bring in a new set of audiences,” said Bach. “They’re probably a little bit more casually focused, they’re looking for a new family experience or they’re more price focused.”

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