According to Dean Takahashi of The Mercury News, Microsoft has confirmed to be working on a portable gaming/media device which plays videos, music, games, and more. Leading the development team are J Allard, Greg Gibson (XBox 360 system designer) , and Bryan Lee (chief financer of XBox business). The system is still in its early development stages and may not hit shelves till 2007. [Joystiq]

According to Dean Takahashi of The Mercury News, Microsoft has confirmed to be working on a portable gaming/media device which plays videos, music, games, and more. Leading the development team are J Allard, Greg Gibson (XBox 360 system designer) , and Bryan Lee (chief financer of XBox business). The system is still in its early development stages and may not hit shelves till 2007. [Joystiq]