Could be, I have thought for some time of the possibility (i.e. one that matches more closely the premium PS3 in specs) or as I call it the 360 MM (multimedia) on the other hand if they do, I think Nov is too early for it, maybe some time in 2007 and a price similar to the expensive PS3. On the other hand if they do make the MM then I would guess they would need to drop one of the existing two SKUs.

I think it would come later (if ever) because
1) 1y is too soon for a new SKU
2) I think it makes more sense for them to see how well the PS3, HD DVD add-on, Nintendo does before progressing