Falcon. That's the code name for the project that'll not only make future Xbox 360s more reliable and make the hardware cheaper, but will also help Microsoft sleep better at night. Over at The Mercury News, Dean Takahashi talks about the Falcon project
and how the new 65nm technology could be the answer to Microsoft's red ring woes. It is expected that the new 65nm CPU/GPU combo could be implemented as soon this Fall and would seriously help with hardware stability as the smaller chips produce less heat. The benefits are enormous and range from cheaper hardware, to more reliable chips, to less heat being generated. With project Falcon being so beneficial it'd be hard to believe that Microsoft isn't pushing to get the technology up and out the door as soon as possible. This Falcon could very well be the single best thing to ever happen to the 360.