After getting their asses handed to them by Nintendo with outdated hardware you can bet they will both be batting an eye. The thing I really want to see with the new wave of hardware is less bottlenecks in the designs and a shit ton more ram. With just those improvements the PS3/360 would be able to do done amazing things.
With the new Wii and the NGP already being at E3 this show should be a good one. Any further info from MS or Sony would just be icing on the cake though I don't think we will really hear anything from them this year.
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