We reported earlier this week that an image was leaked onto the Zune HD homepage showing a 'Zune HD 64' model. Today, Microsoft announced a 64 GB version of the Zune HD, slated for release April 12th. It will be available in a handful of colors and the price tag will be $349.99.

Along wit the announcement of the 64 GB Zune HD, Microsoft has also cut down the pricing of the 16 and 32 GB models by $20 to $200 and $270 respectively.

There is no word yet whether the new 64 GB Zune HD will be running the 4.5 version firmware.