Well it is obvious we all knew the system has been in the works for years. Microsoft's 343 Industries hired developers to work on a next-generation game based in the Halo Universe in 2008. This means that development of first party software for the Nex-Box has been in development for 3 years. If software has been in development for three years then how far was hardware along in 2008?
Fact is this isn't new news we knew Nex-Box is on its way. These confirmations of staff working on the Nex-Box doesn't really add anything to the story. The rumors of developers having dev kits and actually making software is far more interesting and informative!
-JC7
"In God We Trust - In Games We Play " - Joel Reimer