So...WHY 360? Did they just pull a बिना सोचे समझे number out of their butt,or does the number have some signifigance?

I, personally, don't think the 360's name has any significance towards the console. Mainly because almost every three-dimensional game has a 360 camera angle. And 3D games have been around for years. In short, I think Microsoft just added the "360" fraction of the Xbox's actual name just because they either couldn't think of a better name, या they just stayed away from cool names and stuck with weird numbers. Hey, Xbox 2 would've worked just fine.

My guess is that they wanted to sound like they were as advanced as प्लेस्टेशन 3, but couldn't call the system XBox 3 because it isn't the third console in the series. So 360 *implies* that it's as good (even better) than प्लेस्टेशन 3, but without actually lying about which number they're on.

The reason why they called it the 360 is beyond my knowledge, but in my personal thought, it's probably named that because Microsoft has a long line of geek fanboys, and everyone knows geeks प्यार big, scientific numbers. :D

Maybe because Microsoft thinks that it will make 360 degrees in the world of gaming.