The xbox 360 is backwards compatible. I just saw a video of the president of the sales dprt. or something anounce it was going to be so. What i want to know is will we be able to keep paying for xbox live for the xbox 360 or will we have to get a new subscription? Wouldn't it suck if you payed 50$ to get xbox live and had to pay that much again right after you paid to get.....xbox live 360? I dont know if thats what they will call it but you get the picture.