There is a serious rumor floating around gadget blogs saying that Microsoft Xbox 360 is developing their own version of the wireless Wiimote controller.

The source, MTV News, states that the controller would have the four face buttons, a stick, a microphone, and possibly an integration of the Xbox Live Vision Camera. We have heard that the project is not going well, and there are a lot of bugs that have to be shaken out if it wants to meet the supposed end-of-the-year deadline.

Well, I suppose time will tell if this rumor true. I think Xbox 360 could use a little boost since HD lost the format wars.

Source