Clarification time! The console replacement plan that is the subject of some of today’s headlines is related to a previous update, NOT the system update that has been in public beta and will be deployed shortly.
The new disc format that is part of the beta has been rigorously tested across all Xbox 360 models and there are no known compatibility issues.
Hope that clears a few things up.
Larry Hryb 



Xbox Wire
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http://tukkoreview.com/console-games/microsoft-says-xbox-360-disc-read-problems-caused-by-an-older-update/ Microsoft Says Xbox 360 Disc Read Problems Caused by an Older Update
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Anonymous
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http://www.facebook.com/profile.php?id=1620383573 Daniel Gardiner
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http://pulse.yahoo.com/_ECIHXLSS7ZBMMTKV4AQIDSWWCQ Arthur
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Abin Savad
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http://www.360tuneup.com/fafhrdd/blog/post/2011/05/26/Xbox-360-Summer-2011-Dashboard-Update-Part-1.aspx Xbox 360 Tech Blog - 360TuneUp | Xbox 360 Summer 2011 Dashboard Update [Part 1]
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http://www.winrumors.com/new-xbox-360-consoles-offered-to-users-unable-to-read-new-game-format/ New Xbox 360 consoles offered to users unable to read updated disc format | WinRumors
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http://360tuneup.com/fafhrdd/blog/post/2011/05/26/Xbox-360-Summer-2011-Dashboard-Update-Part-1.aspx Xbox 360 Tech Blog - 360TuneUp | Xbox 360 Summer 2011 Dashboard Update [Part 1 - Breakdown]
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