[Endless619]

I heard of the 720 coming last year from some of my buddies online that work at Microsoft.
I just read... Long time coming...

"Xbox 720 gets official
Microsoft plans on updating its Xbox console in 2012. Nintendo should be in Vegas showing off the Wii U to CES attendees, and Sony has its Vita handheld system to talk about — but with neither expected to announce big new projects, this leaves the door open for Microsoft to steal the gaming spotlight with the Xbox 720. 2012 is also Microsoft's last year at CES, so they'll want to make a big impact as they head for the door.
The Xbox 720 is rumored to have an AMD processor, Blu-ray disc drive, Windows 8 compatibility, and deeper Kinect integration than the Xbox 360."

I am getting tired of the xbox 360 already. Its time for virtual reality games for the home. Its been 7 years with this system and I am glad Microsoft is moving forward.
The following year you can bet Sony will announce the Playstation 4 release date.

Starting price for the Xbox 720 I was told will be $499. I bet it will be in the $400 range when released and all said and done.

Look I am not here to argue if its coming out or not. I already know it is, just was an interesting observation.

[.:bHd:.]

http://games.ign.com/articles/121/1215948p1.html