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It will be business as usual. They will continue to split multiplatform games with the 360, and they will announce a lineup of future exclusives that they aren't talking much about right now because they want people to be excited for MGS4, Resistance 2, etc...

The 360 isn't dead this year, despite releasing a ton of huge games last year, and the PS3 won't be dead next year despite releasing a ton of huge games this year.