Microsoft Corp. on Monday revealed the details concerning pricing and bundling of the Xbox 360 console due out later this year. Apparently, Microsoft will offer two versions of the console that will feature different accessories; additionally, users will need to get additional cables, adapters and other items for advanced gaming experience.

The most affordable version of the Xbox 360 console that will be available for manufacturer suggested retail price (MSRP) of $299.99 (pricing for EU is €299.99, for the UK is £209.99) will include the Xbox 360 console itself, a nine-foot wired controller, a faceplate as well as standard AV cable.

The Xbox 360 with more valuable bundle that includes the console, a 20GB hard disk drive, a wireless controller, a headset, a faceplate, Xbox Live Silver membership, a component HD AV cable as well as bonus media remote controller (which will be included for limited time after the launch), will be priced at $399.99 (EU - €399.99, UK – £279.99). Microsoft said that the more advanced flavour of the console offers “ultimate experience right out of the box”.

Owners of the Xbox consoles will be able to get additional wired controller ($39.99), component HD AV cable ($39.99), faceplate ($19.99), 20GB HDD ($99.99), 64MB memory unit ($39.99), wireless controller ($49.99), charge cable for wireless controller ($49.99), researchable battery pack for wireless controller ($11.99), wireless network adapter ($99.99), headset ($19.99), universal media remote ($29.99), S-video AV cable ($29.99), SCART TV cable ($29.99) as well as HD AV cable (39.99).

The Xbox 360 – along with an impressive lineup of high-definition game titles from the world’s best publishers and developers — will make their debut in North America, Europe and Japan in time for this Christmas holiday, Microsoft confirmed.

Microsoft Xbox 360 console is based around microprocessor developed by IBM, high-definition visual processing unit designed by ATI Technologies, I/O controller engineered by SiS and some other key components. The gaming machine will provide a broad set of multimedia capabilities in addition to games.