Microsoft denies rumors of new Xbox 360 contains the Matrix

Now this is just ridiculous.

http://www.gamespot.com/features/6124293/p-3.html

Three processor cores running at 3.2 GHz, 512 MB, and a tangle of video processor jargon. It looks like Bill Gates is willing to go bankrupt to own the console market.

I'm no devotee to any single platform, but this just looks monster. The real problem is how developers are going to afford to create games complex enough to use the hardware.

Oh, and it's wireless. Wireless internet and a standard wireless controller.

Damn.