Microsoft demonstrated its new external HD DVD drive for the first time at the DVD Forum yesterday. This new Xbox 360 peripheral is expected to ship in time for the holidays and will be "among the least expensive of the HD DVD players."
Kevin Collins, senior program manager at Microsoft, demonstrated the HD DVD drive, which he said is scheduled to hit store shelves for the upcoming holiday shopping season, to attendees of the DVD Forum here.

The device--about the size of a hardback book--played "The Phantom of the Opera" as Collins pulled up a menu bar to display a few of its navigation and interactive features that can be called up on screen while a movie is playing. Collins said Microsoft's HD DVD drive will be among the least expensive of the HD DVD players, but he declined to disclose the drive's retail price.
If you'd like to read more, the entire article can be found here.