This year's E3

I've got a text from G4 saying that Microsoft has promised to "transform how people think about home entertainment" at this year's E3. What do you think this could mean? Could they be unveiling a new console?

I have nooo clue. Let's hope it's something good! :D

Oh ya! I'm thinking it's either a high graphiced portable xbox thing... or the first ever virtual reality gaming system!