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Microsoft Revealing Hulu for Xbox in Two Weeks?

Right around the corner is gaming conference E3. There are some pretty good rumors doing the rounds regarding a new PSP and we already know about Nintendo's 3DS, not to mention PlayStation Move and Microsoft's Natal. So here's another one for E3; rumor has it Hulu could be coming to Xbox Live.

Gear Live cites a "very reliable source (who has never been wrong before)" that says Microsoft and Xbox will have the honor of kicking off the subscription-based paid model for Hulu. Though nothing is for certain Gear Live says it will be available via the Xbox 360 dashboard (just like Netflix). The site also suspects users will pay a monthly or quarterly fee using Microsoft Points.

Similarly, while says it's not sure about an E3 launch, the gaming site says the Hulu for Xbox 360 application definitely exists and is fully operational. Citing a source close to Microsoft, 1UP reports that the only thing throwing a spanner in the works are rights issues for Hulu content.

Would you be into Hulu for Xbox? Let us know in the comments below!

*Image Credit: CNet's Matt Hickey