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of course they will, Nintendo have won this generation and MS if favourite to come second, MS will obviously want to dominate the console market like they have done the PC market, so its natural for them to go after nintendo next generation, from the point of view of gamers, i think its good for the industry to have competition, which is why i also hope to see another Sony console, competition makes the companies come up with new ideas (like the Wii) and better technology (like the PS3) as well as better games (like the 360), thats my opinion anyway