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thanks for making this thread cause i was going to put predictions for nextbox in my sig.

no it won't be 720, and MS will keep the Xbox brand alive cause its recognizable. i think MS will try to buy up 1st party exclusives and focus on first party but not many of the ip they own. i'm sure they'd much rather sell the 90% of the ip they own.

we'll see allot of Halo, and not as much Fable, and Forza within the launch window. Kinect, will be intergraded into the next box with maybe a few peripherals, and upgraded to be able to do more. i don't think Halo will sell like it has this gen.

launch price of nextbox will likely be $499 again and be more powerful then Wiiu and about on par with PS4.
a 2014 launch will be the most logical if MS isn't worried about Ninty, but if they are we'll see the nextbox release in 2013.

MS will fight hard to get more 1st party ip, but not buy many studios if any at all. i'm looking at a very tight race for first place next gen but i think MS will have more fun fighting Ninty for second.
i think the American advantage is MS and Ninty but Sony will have a stronger presence then this gen so the battle for the americas will be one to remember.

MS definitely has the most to gain next gen, and could win it mainly because of the hurt PS brand and the casual's leaving Ninty and preferring there Wii's so they won't upgrade.