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ultraslick said:
Once in a lifetime?
Microsoft has secured Konami as an in house developer? Not big enough
Microsoft announces Halo 4 , big but not once in a lifetime.

Microsoft unveils a portable gaming system? A new slim 360?
These would be once in a lifetime. It would be history and cannot be changed. Developers come and go, exclusives are stolen, and then shared.. nothing is concrete.

So it must be new hardware of some kind.
Or he's just full of marketing BS

I don't see why it can't be Software..Though a "Slim" 360 would be awesome....A handheld not so much....I would bet it's Software