At E3 last year Microsoft announced Project Scorpio, the successor to the Xbox One but also not at the same time. Scorpio is Microsoft's attempt to create an iterative console midway through a generation.
The hardware is still a long way off, but here at T3.com we wanted to clear up all the rumours we think we know about Project Scorpio - the next Xbox.
Xbox Scorpio design
In the announcement video for Scorpio, Microsoft showed off some of the interior parts of the console, but towards the end of the video there appears to be a couple shots of the outside too. It's safe to assume the hardware isn't in production yet and therefore the final design is subject to change. The company will have listened to the criticism people had of the Xbox One and its VCR style design. Expect to see a stylish looking console that doesn't compromise on its looks for all the power under the hood.
Xbox Scorpio performance
Microsoft keeps reiterating that Scorpio is going to be the "world's most powerful console" when it's released in the winter of next year. The announcement video talks about how Scorpio is the console developers wanted to achieve their visions.
The company hasn't been shy about detailing some of the specifications of the console by already stating it will have 6 teraflops of power, 8 CPU cores and over 320GB/s in memory bandwidth. Sources are predicting the console will come with 12GB of GDDR5 RAM and be about 40 percent faster than the PlayStation 4 Pro.
We also know that AMD will be providing the hardware that powers the Xbox Scorpio, with the company saying it's "proud" to be involved. HDR, 4K and high-fidelity VR are on the way, confirms AMD.
All of this means the console is going to be fast... very fast... and deliver 4K gaming at a smooth frame rate.
This release might also signal the end of console updates as we know them - big jumps in specs spaced out over several years. "For us, we think the future is without console generations," Microsoft's Aaron Greenberg told Engadget - but as for exactly what that means, we'll have to wait and see.
Xbox Scorpio price
Microsoft talked about the high specs of Scorpio at E3 this year and iterated it would be the most powerful console ever made, so what does this mean for price?
Not a lot actually.
Let's not forget the console is expected to be out in winter 2017. In the world of tech a year and a half is a lifetime, meaning the parts used in the console will be cheaper and economies of scale will be more beneficial for Microsoft when the console launches.
The new hardware shouldn't cost any more than £400 - Microsoft won't want history to repeat itself by pricing the system too high at launch, a bit like Sony did with the PlayStation 3.
In fact, Microsoft execs have confirmed that the upcoming machine will have a "console price-point", so adjust your spending plans accordingly. We're thinking somewhere in the region of a PS4 Pro price, about £350.
What's more, there could well be some attractive trade-in deals on the new console for you to take advantage of.
Xbox Scorpio software
The messaging for Scorpio seems to be clear: gamers won't be getting left behind. The head of Microsoft's Xbox division, Phil Spencer, has given interviews stating that all future games will work on the whole Xbox family of devices, including the original Xbox One, the Xbox One S and the Xbox Scorpio.
Spencer has also said that playing an Xbox One game on a Scorpio will "look different" and may "run a little better". Furthermore ,the head of Xbox also said that Scorpio won't do anything for anybody using a HD TV with the system, the console is designed with 4K in mind.
Based on a tweet sent out by engineering lead Mike Ybarra, the Scorpio will have backwards compatibility and support some Xbox 360 games too.
Developers have talked about the power Scorpio will let them harness, but it's still unclear whether exclusive games will be made for the system itself. Last month Microsoft's GM of Game Publishing Shannon Loftis hinted it's up to developers to decide if they want to make exclusive games for the system.
Loftis' comments resulted in negativity on Twitter about original owners being left behind, after which the Head of Xbox Games, Aaron Greenberg, claimed the confirmation of exclusives for the system wasn't true. It's hard to see developers not taking full advantage of all the power under the hood of Scorpio to make games that either look noticeably better on the system or are complete exclusives.
Xbox Scorpio VR capabilities
Microsoft claims that Scorpio will be VR-ready when it releases next year. In the announcement video for the console, the director and executive producer at Bethesda Game Studios, Todd Howard, announced the company was bringing Fallout 4 to VR. He said the new console would be able to deliver a resolution and speed to give the best VR experience. This is most likely one of many games being ported to VR in preparation for Scorpio's launch.
Although Microsoft hasn't announced a VR headset itself, it doesn't need to. Instead they have seemingly partnered with Oculus to bring the Rift to the Xbox family. This means at the launch of the Scorpio you'll have a headset capable of bringing you incredibly immersive experiences.
The Scorpio might also work with the cheaper, lighter headsets Microsoft's partners are developing for use with Windows 10 - like this Lenovo one. It's still early days for these headsets and Scorpio, but the VR add-ons might end up being cheaper than you think.