Xbox transformed into portable system

They say necessity is the mother of invention, and Dave proved this adage true when he developed his very own portable Xbox gaming system that comes with a custom case, speakers, controller ports, hard drive, and an Ethernet jack for multiplayer gaming over the Xbox Live! service. There are rumors of Microsoft working on an Xbox 360 handheld system, but that seems rather far off for now. Can anyone out there better this? Of couse, to call this a handheld console is tantamount to blasphemy among purists.