Yeah I assumed that.
One thing I have been wondering as well, which i haven't found any information on (i read almost all articles that I can find), is the 360 going to be region free like the xbox with publishers having a choice of whether or not to impose lock out OR is it going to be completely region free? I hope it doesn't have coimplete lockout, hopefully M$ will have learnt that not having region encoding will slow down circumvention development a little and deter many from even bothering to mod their machines. Although I for one will always have a standard machine and a mod / homebrew machine when it becomes viable.
Oh and thanks for your replies!