There's been a crapton of rumors about next gen yet Sony and Microsoft have said nothing. They both are obviously very close to release. WiiU was announced the traditional year and a half in advance, and Wii sales (already declining at the time) took a nosedive. Sony and MS don't want to repeat that so maybe they will reveal at E3 and release the same year. We've already seen Sony announce and release Vita the same year and while it hasn't been successful I don't think that is due to the hype not being sufficient. Even if Sony doesn't announce at DPS or GDC I still think they are gearing up for a 2013 launch and we have to believe there will be an E3 announcement. I believe they reveal at DPS and MS reveals at E3. They will both have sufficient hype by the time Fall rolls around.
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