Xbox mouthpiece Larry ‘Major Nelson’ Hryb last night announced that Microsoft will announce it’s next generation gaming system at an event in May. He posted the following on his blog:

On Tuesday May 21st, we’ll mark the beginning of a new generation of games, TV and entertainment. On that day, we’ll be holding a special press event on the Xbox campus and we invite you to join us via the live global stream that will be available on Xbox LIVE and If you are in the US or Canada, you can also watch the broadcast on Spike TV.

On that day, we’ll share our vision for Xbox, and give you a real taste of the future. Then, 19-days later at the Electronic Entertainment Expo (E3) in Los Angeles, we’ll continue the conversation and showcase our full lineup of blockbuster games.

We are thrilled to pull back the curtain and reveal what we’ve been working on.

The event will take place at 5pm GMT, and I’ll certainly be watching it unfold live on my 360. Hopefully the stream will be more reliable than the frustrating livestream of Sony’s PS4 event!

Soon we’ll know what to expect from all camps for the coming generation, and I can’t help but be excited about what’s to come. This year’s E3 should be great!

Major Nelson’s blog: