Pic of actual Xbox 2?

That thing on the table is not the next Xbox. If anything, it resembles a Gamecube with its ridiculous handle.
Also, that thing in the background is the original Xbox mock-up system (the one shaped like an actual X) that was first shown to the public. If anyone has the first US OXM disc (Issue 0) and has watched the included DVD, you'll see an interview with Seamus Blackley that took place in that same exact conference room and the mock up system was there in the same exact spot.

 

bla bla bla

 

You might be on to something with this one...

 

yeah the grey bow above the box has to be the antenna so you can use your controllers even from 2 miles away or its the handle to throw it into trash

 

Can someone make a subtitle to all those marked areas?

 

if this was real, wouldn't they easily be able to find out who took it? I mean he's sitting at a desk in a conference.

 

The subtitle to all the marked areas is "XBox 2?"

 

why is there any reason to believe anything in that room has anything to do with xbox 2??

 

Because of the white arrows! Dammit man, look at the photo!

...in all seriousness, I've got no clue. Somebody was playing with their cameraphone before a meeting and got the bright idea to photograph Bubba's lunchbox and then upload it to the intarweb as a "Leaked XBox 2 photo!!!111" and they are now chilling with Bill in his office laughing at all the messageboards with the 'inside scoop'. That's my theory.

 

the thing right under the screen thats black is an xbox , the thing to the right of the screen is the chrome X that was used during the unviling of the first xbox's hardware. The silver thing on the table is an xbox 2 prototype. the green flash/light is just a glitch/artifact in the picture. On the screen is the xna sdk which is based on longhorn technology