Xbox 360 S Arcade version spotted?

Having brought you news and a full length review of the new slim version of the Xbox 360, the Xbox 360 S, reports have come in from Engadget of what could possibly be its mini-me.

Clearly an effort to spread the appeal of the new Microsoft console, the device has been spotted on Amazon's German site and looks as though it'll come with 4Gb of storage, as opposed to 250GB, and could provide it in the form of a USB flash drive.

The Amazon site also mentions that it is a "bundle", suggesting that you'll get a few added bits a pieces for your 149 euros (roughly £125). This further strengthens Microsoft's growing family approach to gaming and encroaches on that all important Wii price point.

The shipping date is down for the 20 August, which coincides with the Gamescom 2010 event in Cologne.

What would you like to see bundled in with the console? And would you buy this slimmed down version of the already very waif-like Xbox 360 S? Let us know your thoughts in the comments below.