Peter Molyneux already mentioned he will announce something at GDC in regards to future projects. And Im interested to see what Kojima will say and its already reported his next project is multiplatform console.
As for Microsoft, they already booked a definite date for E3 09 (a confident sign of intention) and its already reported they will 'break the bank' and look further into the future. I dont see how anyone can doubt MS can pull surprises after their recent showings.
As for the argument regarding exclusives, I sometimes fail to understand why the number of exclusives is important. If I look at the upcoming games Im interested in this year alone on the 360, its massive. It doesnt have to be exclusive (although there are quite a few notable announced exclusives already). The console is still selling very healthily and MGS has just hired some big names in gaming.
Also on a side note, I think during these hard economic times, a slight respite on the pocket will definitely be welcomed. Churning out your major exclusive system sellers at times when people are pinching pennies is something publishers and developers need to address more now.
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