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CGI-Quality said:
Galaki said:

Xbox3 coming out this year confirmed.

Not necessarily. I think they'll showcase the Unreal Engine 4 (or next of some sort) on PCs first, with a 'next gen' console announcement perhaps sometime towards the end of this year or the beginning - Spring of 2012.

You may be probably right, UE3 was shown the first time in 2004 (if I remember well), and X360 came out in late 2005...still considering past events it's not always the best forecast approach. I don't completely belive that most developers are ready to jump on next-gen developing yet.