By the time 2009, Microsoft will be blue-printing their next-gen console (they've probably got someone working on it now). Then, it would be pretty pointless to release HW to the 360. My best guess would be early 2008, about a year or less from now.
And speacking of things coming out, where's the February update?
Outside tripping in the broken city.
Outside kicking in the broken city,
there's nothing wrong with that.