So, I was rewatching the Xbox E3 Kojima part, and they mention that they will bring the MGS franchise to the Xbox 360. The "franchise" seems to mean more than one game, but it could just be a generalized term, meaning nothing.

The only reason I ask is because after the show, Adam Sessler said(and I paraphrase), "I thought MS might just get MGS4, but the whole franchise, that's huge" or something along those lines.

That confused me. Is Kojima bringing the "from now on" entire MGS franchise to the 360 as Sessler seemed to think, or is it just this one game?

One thing that has confused me about this issue is that a lot of people love MGS more than any other franchise, but now, since the game is on the 360, it is just a spinoff. I think that if the game had been announced during the Sony presser, it would be much more highly touted. Is this an example of a double standard, because the game is on the 360? I mean, we don't even know anything about the game yet, but it is being marginalized. Is it because it is on the 360?

Do we still consider MGS a Sony franchise, or is it completely up for grabs now?

Well MGS has never really been a Sony franchise mostly because of Twin Snakes, MGS on PC, MGS 2 on Xbox and now MGS:Rising.

I think it has. It hasn't been fully exclusive, but like Final Fantasy before it, it is still very much considered a "Playstation franchise." That is why most people screamed out "Metal Gear Solid" when the MS guy asked what franchise was missing from the console. That isn't fully "exclusive" but it sure as hell is a Sony franchise, and a talking point for buying the console, like Final Fantasy was before last year.

IMO that is.

Also, why is this game a spinoff but FF Verses XIII isn't? We don't know anything about this game. It could be a full and important non-spinoff, non main series entry, like Verses XIII, couldn't it?

It technically still is, or was, for this generation. MGS4 remained on the PS3 only, so Sony reaped all the benefits of the hardware push that MGS would provide.

There will be little in the way of console purchasing for the release of MGS: Rising.

I personally don't consider Versus a spin-off because it is its own game and its own story, having nothing to do with FFXIII. From what I understand, Nomura and Kitase both had their own vision of FFXIII, so this was the way for them both to materialize.

Rising is using an already established character to fill in the gaps of an already established story.

I think the reason they are calling it a spin-off is because it is a major departure from the series gameplay style.   I am under the impression that it is an action/adventure game like Heavenly Sword or Ninja Gaiden and not a steath game like all previous MGS games.  Whereas Versus XIII is still a JRPG. 

Plus didnt Square Enix even say it wasnt a spinoff but an entirely new game in a different universe?

Well It's just Sony Fanboys calling it a spin off, it looks like a regular MGS to me. And i am so excited 360 fans get to taste one of the best franchise in gaming.

Well it isn't called MGS5: The Rise of Raiden is it?

Also, how does it look like a regular MGS when there is no gameplay footage?

I'm going to guess the franchise.