UPDATED [7:36 PM]:
The USA Today story has been pulled, but We're at the event and Kinect is confirmed. More information at the press briefing tomorrow, but check out our other story to get a sense of what Kinect games are on the way. No official word on the 360 Slim, expect to hear yay or nay tomorrow.
[ORIGINAL STORY FOLLOWS]
On the eve of E3, everyone is trying to be the first to name Microsoft's Project Natal before Microsoft officially announces it. Back in May, rumors of Natal being renamed as "Wave" were the leading contender, but now it seems that the frontrunning replacement name for the device is "Kinect," thanks to new evidence from an Italian banner ad. Yes, internet advertising is the source for this rumor, so take it for what it's worth right now. Lending a little weight to the name though is that Kinect was a trademark filed in April by Microsoft, as was Wave.
In addition, the leak, which was discovered by a neogaf.com user, also sheds light on a potential redesigned black Xbox 360 Slim that's on the way. The Xbox 360 Slim is rumored to contain a 250GB hard drive and built-in WiFi, according to that same Italian internet advertisement. See the ad is after the jump along with more pics of the new supposedly redesigned black Xbox 360 Slim.
Whether or not Kinect is the new name for Natal remains to be seen, but we'll be at the Project Natal event in just a few hours to see if any announcement is made. Stay tuned for more.