European gamers will finally be able to get their hands on the revised Xbox 360 Elite console, which comes complete with HDMI digital output and a 120GB hard drive, on August 24th.

That was the main news from Microsoft’s E3 presentation, though there were also plenty of other morsels to get stuck into – chief amongst them the news that Microsoft’s highly successful video-on-demand service will also arrive on this side of the Atlantic in time for Christmas.

And in addition, a deal has been struck with Disney that paves the way for the company’s hi-def animated movies to appear on the service.

Elsewhere in Peter Moore’s presentation, it was confirmed that a Halo-themed 360 console will arrive alongside the game in September, that the downloadable content for Rockstar’s GTA IV will be exclusive to Xbox 360 and that Resident Evil 4 will be an Xbox 360 title – though gamers will have to wait until next year for its arrival.