http://www.gamespot.com/news/microsoft-sending-xbl-veterans-custom-console-6400013
It's still unclear who will qualify for this, but the way it looks, gamers who have been xbox live paying customers since the service began in 2002 might be receiving a free custom-made 250GB xbox 360 (pictured above), which does look like absolute crap, but should sell for a nice price to collectors on ebay.
So, if you're one of the few who have spent over $500 along 10 years for xbox live gold access, stay on the lookout for suspicious deliveries to your home from MS in the near future.
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