Windows super-fan Paul Thurrott, who has a good track record for internal Microsoft rumors, is sharing information that he has heard as it pertains to the launch window and pricing of the new Xbox (which we are assuming will be called Xbox Reveal or Infinity, but is codenamed Durango.) First, the next Xbox will launch in early November 2013, and will cost $499 out of the gate. Alternatively, you'll be able to pay $299 for the console if you also pay a $10 monthly subscription fee.

If this is true, then we imagine that this is where all of the hoopla over an "always-on" console is coming from. If you choose to go the subscription route, then your Xbox will likely need to be connected to the Internet in order to make sure the subscription is active. Piggybacking on that thought, maybe if you stop paying (or if you can't get the Xbox online,) then the Xbox will simply not let you play games until you are paid up or reconnect it to Xbox Live.

Other information shared include that the new console will ship with a Blu-ray drive, and will run on a modified version of Windows 8. We will have all the news as it happens when Microsoft unveils the next Xbox on May 21.