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nightsurge said:
For starters, I have always hated the Xbox 720 meme... can we please go by NextBox or something else since 720 is just retarded and doesn't even make sense. They won't be using 720.

Agreed.  My guess is it will be called Xbox 1080...

I also agree with what others have said about Halo 4 being a smarter move on the next console, specifically as a launch title.

But as far as the Xbox 1080 coming in the fall of 2012, I remain skeptical.  It's certainly possible, as it gives the 360 a full seven years on the market without a successor, but unless they have a pretty hefty price tag in mind, I don't see it being able to largely out-perform Wii U (which I believe will be $299), and without the benefit of Nintendo's IPs or a new hook (maybe).  I think it would be in Microsoft's best interest to roll with the 360 until 2013, when the Xbox 1080 could debut with a very strong presence, better tech, a cheaper price and a far better launch lineup.  Plus, launching their successor early also gives the Playstation 3 a huge chance at overcoming 360's WW sales; something that Microsoft adamantly wants to prevent, almost out of principle alone.