Will Microsoft ‘Phoenix’ rise from Xbox ashes to topple PS4, Wii 2?

Dave Parrack writes,

This generation of consoles has barely got going, with the price war not really having even begun, and no sign of a winner yet being called (although the Wii is clearly the frontrunner). But, the next generation of consoles could be on their way sooner than we all think. The only question remains: who will actually be involved?