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seece said:

 

As the Xbox team stated at E3 two weeks ago, we are not even halfway through the current console generation lifecycle and believe Xbox 360 will be the entertainment center in the home for long into the next decade. Project Natal will be an important part of this platform, but we have not confirmed a launch date at this time.

 


This depends also how you define 'console generation lifecycle'.

It could very well mean that the X360 is manufactured in parallel to the Xbox3 for a couple of years. Let's say that Xbox3 launches in Nov 2012, but the X360 could still have life if it's manufactured and supported to let's say 2014.