At the same press conference, it was also revealed that the PlayStation 3 (PS3) will be on display in full working, playable form at E3 in May 2005.
Read More | Reuters
XboxMediaCenter is a free open source (GPL) multimedia player for the Xbox from Microsoft. Currently XboxMediaCenter can be used to play/view most popular video/audio/picture formats such as MPEG-1/2/4, DivX, XviD, MP3, AAC, JPG, GIF plus many more less known formats directly from a CD/DVD in Xbox DVD-ROM drive or of the Xbox harddrive, XBMC can also play files from a PC over a local network and even stream media streams directly from the internet. XBMC has playlist and slideshow functions, a weather forecast and many audio visualizations. All these features enable the Xbox running XboxMediaCenter to fully function as a multimedia jukebox.
Download Here | XBOX Media Center
Microsoft has begun making noise about launching the successor to the XBOX sometime in 2005 as well, though no specific date has been set. Meanwhile, Nintendo has sworn up and down that they will not be the last one's out of the gate this time, and are reportedly hard at work on the "Revolution", which is the follow up to the Gamecube.
Read More | Seattle PI
When former Nintendo monarch Hiroshi Yamauchi stepped down, Saturu Iwata took over as Nintendo CEO. His first order of business was to do away with the childish image many had with Nintendo and its consoles. Being that the Game Boy franchise had long been the biggest breadwinner at Nintendo, Iwata decided to soup up the product line. His goal was simple: Get a Nintendo Game Boy back in the hands of adults.
Read More | IGN
Finally, Microsoft jumped in and basically stated that nothing has been announced yet in regards to the new console, codenamed "Xenon". However, they did not confirm or deny anything. Well, after speaking with a few major developers over the past couple of days, it is beginning to sound like those leaked specs are a reality. Many are reporting that the games currently in development for XBOX 2 are in fact expected to run on a machine similar to what was leaked.
Read the article at KevinRose.com