Very obvious that MS has most of their best studios working on the next generation.
Now that this generation has mature game engines most of the publishers and devts have started up new studios to build games on the engines that are in place. This gives the seasoned studios a lot of time to work on the next generation.
Hopefully the transition to this next gen will be smoother than the last one... Hopefully, the Unreal Engine and others are 100 % going into the generation as they stumbled at the start of this last one... Also, hope they revive Too Human and Alan Wake as both games were too ambitious for what this generation could offer.
I know most people thought MS had a bad conference but if you look at the actual games for 2012, MS isn't in bad shape compared to Sony. And having some early games in 2013 will keep everyone going. Then, at the 2013 E3 they will dispense a huge launch lineup of both core and kinect games. Also getting technologies out there like Kinect and Smart Glass, allows them to learn, and make them much better for the next generation.
The only question I have right now is will the XBox 3 be downward compatible with XBox 360...
I also expect Rare to be big on the next XBox launch. Last year they only shipped Kinect Sports 2 so they probably started work on the next generation back in 2010 with half the studio. Then, when Kinect Sports 2 was out they would've turned the entire studio over to this next generation. I expect at least two launch titles from them... Probably one Kinect and one core title.







