There have been rumors circling that Microsoft have started development on the successor to the Xbox 360, the tentatively titled Xbox 720. The new system will likely be available sometime in 2013, and will sport hardware for DirectX 11, 3D and multiple displays. Whether or not it will exceed the abilities of new and more powerful PCs will remain to be seen. Remember Microsoft, it's called "next-gen" for a reason. Meanwhile, Sony say they're in no rush to release the Play Station 4, indicating that they're under far less pressure than their competitors to release a console. I'm still enjoying my PS3, having bought it the first week it was released back in 2006. If a new system came out now I probably wouldn't rush out to get it anyway. Take your time and make it great, Sony.
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