Finally, Microsoft is coming out of the closet, so to speak, about the next generation Xbox. On May 21st, “A New Generation Revealed” will be presented via Xbox.com, Xbox Live and Spike TV at 17:00GMT. It was mentioned it will be on-going into E3 as well so that’s all we have for now. Here’s the official link with a little bit of history:

http://www.xbox.com/en-US/hub/

Source: Major Nelson