A rumor surfaced this week, claiming that Microsoft was preparing a Blu-ray addon for the Xbox 360. According to the report, Microsoft has contracted with Toshiba-Samsung Storage Technology (TSST) to manufacture the drive and that it would be priced between $100-$150. Microsoft has been quick to squash these rumors. In a statement issued to Edge Online, the company said that it has no plans to offer a Blu-ray addon and that it will instead focus on games.

"As we’ve said before, Microsoft has no plans to introduce an Xbox 360 Blu-ray add-on," the firm told Edge. "Games are what drive consumers to purchase game consoles, and we remain focused on providing the largest library of blockbuster games available."

While I think there is some truth to these rumors, Microsoft isn't going to release a Blu-ray addon for the Xbox 360 until they are good and ready.