Xbox 2 takes shape as ATI rolls out graphics chipset

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According to GamesIndustry ATi's R500 parts headed for development kits, just in time for public unveiling on January 5th? The R500 is similar in many ways to the R520 graphics part which will power ATI's next generation PC graphics boards, and while exactly specifications aren't currently available for the part, it's known to be based on Shader Model 3.0, like NVIDIA's current high-end GeForce 6800 cards.