Microsoft unveils the latest worst-kept secret in the gaming console market. Even before this official announcements, various leaks of Xbox 360 were already widely available. Despite Microsoft's assertion that the leaks were merely "rumors and speculations", the official announcement was somewhat anticlimatic and disappointing.

No information on next generation games was released and Microsoft would not confirm if current Xbox games will run on Xbox 360.

Associated Press

Having bought Xbox less than 6 months ago, this piece of news is utterly appalling. I always have the knack of choosing consoles that end their run faster than I can play their games. Sega Genesis, Sega Saturn, Sony Playstation, Sega Dreamcast and now Xbox.

No backward compatibility? I'll just wait for Playstation 3. See if I care. Sniff.