The debut of Xbox 360 marks one of the biggest consumer launches in Microsoft's history," said Robbie Bach, president of the Entertainment and Devices Division at Microsoft and chief Xbox officer. "With its sheer power, portfolio of graphically stunning games, rich online capabilities, and features for enjoying music, movies and photos, Xbox 360 delivers integrated digital gaming and entertainment experiences that simply can't be matched."

More than 4,500 retailers will be holding midnight madness events.  "Xbox 360 takes our customers' gaming experience to new levels," said Jill Hamburger, vice president of games at Best Buy. "Walk into any of our stores and you'll feel the excitement — it's a complete entertainment solution."

The excitement is already being felt around the globe. More than 3,500 gamers from around the world descended on an Xbox 360 oasis in California's Mojave Desert last night to celebrate the arrival of Xbox 360 at an exclusive launch party called Xbox 360: Zero Hour. Attendees are now engaged in more than 24 hours of Xbox 360 gameplay and tonight will have a chance to buy the console, launch games and gaming peripherals on site from Best Buy.

Xbox 360 festivities will continue as the system launches Dec. 2 in Europe and Dec. 10 in Japan.