Microsoft is taking a precautionary measure and voluntarily providing customers with a free retrofit to the Xbox 360 Wireless Wheel, due to a very small number of incidents of a malfunction, where a component in the Wheel chassis may in rare cases overheat and release smoke when the AC-DC power supply is used to energize the Wheel.

Fatal Inertia mixes street racing, demolition derbies and rallying with a futuristic setting where machines no longer need wheels and the laws of physics govern all. The sport is called Inertia and it's one that offers a heady mix of speed, combat and real world environments that can be used to make your victory and break your opponents.

BioShock is a revolution in the shooter genre that will forever change the expectations for the FPS. Going beyond run and gun corridors, monster-closet AIs and static worlds, BioShock creates a living, unique and unpredictable FPS experience. BioShock is the Shooter 2.0.

Revealed last week Microsoft officially announced a retail price drop for its Xbox 360 consoles in Europe, and launched the Xbox 360 Elite (€449,99). From Friday, 24th August 2007, the 20 GB Xbox 360 will be reduced by €50 to €349,99, while the Core version (no HD) will be reduced €20 to €279,99.

Shrek The Third will take players on an all-new adventure filled with fun and exciting new challenges, never-before-seen characters and environments, plus the same humor we've come to love from Shrek and the gang.

Call of Duty 4: Modern Warfare delivers amazing special effects, including use of depth of field, rim-lighting, character self-shadowing, real time post-processing, texture streaming as well as physics-enabled effects to enlist players into the most photo-realistic gaming experience yet.

Dynasty Warriors and Samurai Warriors will finally meet this fall in an unforgettable crossover event. In Warriors Orochi, the characters from both franchises must team up to wage war against a new, powerful force.

Taiwan Semiconductor Manufacturing Company announced that Microsoft has started production of the Xbox 360 graphics-memory subsystem using the TSMC 90nm embedded DRAM process, featuring a high-density macro design (80Mb) and fast performance to 500MHz.

A leaked advertisement for major retailer Carrefour reveals that Microsoft will also drop the Xbox 360 price in Europe. The announcement will most likely be made next week during the Leipzig Games Convention as the ad clearly states that the new price will go in effect August 24, also the launch date for the X360 Elite in Europe. From that date on the Premium will sell for 349 €, while the Core will carry a 279 € price tag.

As the new rookie driver on the circuit, develop your racing skills to gain licenses and contracts from hungry owners and unlock legendary top performing cars from NASCAR's biggest stars.

Dead Island is a FPP shooter that combines elements of the survival horror genre and adventure games. The game tells the story of acouple being tossed ashore onto the sandy beaches of a desolate, zombie infested, island.

Warhammer: Mark of Chaos is an RTS game set in the renowned Warhammer world, featuring epic battles within massive landscapes, while offering an astounding level of detail, from a bird's eye view down to the insignias on a warrior's armor. A filing with the German USK reveals Koch Media is working on bringing Mark of Chaos to the X360 and while it would not comment, Koch's Games Convention schedule makes mention of it being at the show later this month.

Transformers: The Game lets gamers control the outcome in the battle for Earth as they choose to protect it as Autobots or destroy it as Decepticons. Players will also experience the unstoppable power and massive scale of their favorite Robots in Disguise such as Bumblebee, Barricade and others.

Tenchu Z is the first mission-based ninja stealth action game for the X360, and allows players to hone their stealth skills while slaying enemies to become the ultimate ninja. Patience and strategy, with use of the stealth kill system, is rewarded over a run-and-gun style of hand-to-hand combat.

Microsoft issued an Xbox 360 system/dash update, so if you log in to Xbox Live you will receive a prompt to accept this mandatory update. This unannounced update is minor as it merely prepares your Xbox 360 for the wireless guitars that are being released in a few months. No Other new features are included, which is planned for later this year as part of Microsoft's biannual release cycle.

Microsoft kicked off the greatest holiday lineup in video game history by announcing it will reduce the estimated retail price (ERP) of Xbox 360 by $50 (U.S.) beginning Aug. 8. Soon to follow, Electronic Arts Inc. (EA) will release its blockbuster video game title Madden NFL 08 on Aug. 14.

The epic saga continues with Halo 3, in this third chapter of the Halo trilogy, Master Chief returns to finish the fight, bringing the epic conflict between the Covenant, the Flood, and the entire human race to a dramatic, pulse-pounding climax.

In Crysis shooter fans will face a new kind of gameplay challenge requiring adaptive tactics and customization of weapons and armor in dynamic, hostile environments as mankind struggles to survive in the face of a horrific alien invasion. PC Gamer's interview with Crytek CEO Cevat Yerli reveals that Crysis "could be on the 360 or PS3," but "It requires optimisation."

Mass Effect is a science-fiction action-RPG created by BioWare, previously known for Jade Empire, KotoR, and Neverwinter Nights. Mass Effect will deliver an immersive story driven gameplay experience with stunning visual fidelity.

Just as Sony's PS3 price cut was prematurely leaked through early ads, the rumored Xbox 360 price cut might also become a reality soon. Ads for Walmart and Toys 'R Us reveal that on Sunday, August 12, both retail chain stores will drop the price for the Xbox 360 by $50, to $349. Whether this reduction is only for the premium system was not clear, as that was the only model printed in the ad.

Set 500 years after the original game, Fable 2 will offer even more choices and features, while building on the core gameplay theme of Fable where every choice continually defines who you become, allowing you to truly live the life you choose.

RPG created by acclaimed artists Takehiko Inoue (Japanese manga creator), Kiyoshi Shigematsu (famous Japanese novelist) and Nobuo Uematsu (Japanese music composer, known for creating the music for the Final Fantasy series of games). The game is produced by Hironobu Sakaguchi, creator of the original Final Fantasy series.

As a member of a black ops unit, your mission in Vampire Rain is to secretly eliminate a growing population of deadly vampires known as Nightwalkers. Your hands will sweat and your heart will pound as you use stealth, strategic thinking, and specialized weapons to face your supernatural foes. Be careful out there—because if you make one mistake, you're history.

Call of Juarez is situated in 19th-century Wild West featuring fast-paced revolver duels using historically accurate firearms, horseback riding, and memorable locations combined with top-notch graphics and an enthralling soundtrack to immerse both casual and hardcore players.

Fantastic 4: Rise of the Silver Surfer is based on both the comic book series as well as Twentieth Century Fox/Marvel Entertainment's movie sequel.