I highly doubt Xbox 2 will be released this year, for two or three reasons. First, there is some highly anticipated games being released around the time of E3 (When they would announce XBox 2 most likely). Second, it would be stupid for them to release the xbox holliday bundle (like they did) and everybody waste their money on a regular xbox when they could be saving for an xbox 2. Last, it's not been really that long *In console terms* since XBox has been released. So I highly doubt XBox 2 will be released this year.