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lol they probably have been working on a new XBox since the launch of the 360 same for sony and nintendo.... it's no surprise but I don't think we'll see anything before 2013 with a showing in 2012 and they will keep supporting the 360 at least until 2015.....that's my call I don't think they are ready to counter nintnedo in 2012.... especially if they wanna have a cross platform integration with windows 8 and WP 8 launching next year.... then again they could do major familly bundles like laptop or tablet with X number of phone and XB kinect for 2000 bucks.... but I don't see it especially since they'll do extensive hardware testing with final spec this time I'm sure of that.....