Yep, with a mere three days to go before the PlayStation 3’s European launch, those persistent, recurring rumours about a forthcoming 120GB uber Xbox 360 pick up pace today, with the publication of a Game Informer magazine piece claiming that a black 120GB Xbox 360 with HDMI output and an HDMI cable (yet still no inbuilt HD-DVD playback) will retail for approximately US $479 (a shade under £245).

Game Informer’s editor Matt Helgeson has claimed to Kotaku – who also republished the magazine scans you can see right here - that this is NOT an April Fools.

So make of that what you will.

SPOnG has contacted Microsoft in the UK for further clarification on the matter. Updates as soon as we get them.