CNN Money says that Microsoft will be announcing the next Xbox (probably to be called the Xbox 360) several days before E3. Everyone is clamoring for details of the next Xbox, and all will be revealed soon.

Price and launch date are still unknown, and I assume these details will be made known at the pre-E3 event.

Link: CNN Money – Sneak Peek : New Xbox, New Lara Croft

More Xbox 2 info:

Link: gamespy xbox – We Got Next – Part One
Link: gamespy xbox – We Got Next – Part Two
Link: gamespy xbox – We Got Next – Part Three