According to the leaker group NerdLeaks, the Xbox One S will be available for at least $299. NerdLeaks is a fairly credible source, having leaked quite a few things. Given their recent track record, there’s no reason for us to doubt this at the moment, but it’s still a rumor.

The Xbox One S will likely be officially unveiled during Microsoft’s E3 conference, which starts later today. The Xbox One S will be a streamlined version of the Xbox system, and will contain an internal power brick. It’s about 40% smaller than the original system as well.

Are you excited for the Xbox One S? Let us know in the comments below!