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I really think this year will be the last big one of this generation.

I got a sneaky feeling we will see the new GTA game unveilled. And for some reason i have a feeling it could be announced as a 360 exclusive (timed exclusive).
I just don't see MS paying $50m to have two episodes for a few months before Sony, that is a lot of money. Add to that Noire went multi-platform and Agent looks to be on the back burner. It would not surprise me one bit to see that happen.

If MS come out around holidays with a new 360 slim, Natal, Halo reach and a new GTA game it really will be overkill.