There is "no need" to launch a new Xbox console with Natal on the horizon, says Microsoft's senior director of Xbox product management, David Hufford.
"I think it's important to say that the Xbox 360 is the console of the long future for us," he said. "There is no need to launch a new console, because we're able to give this console new life either with software upgrades or hardware upgrades like Project Natal.
"The Xbox 360 was designed for a long life, and I don't even know if we're at the midpoint yet," he told the paper.
Rather than release a new console, Microsoft is of course relying on motion cam Project Natal to bring new game experiences to the console.
Hufford said Microsoft had demonstrated at E3 that the technology works, and now "we've asked the development teams to concentrate on making the games."
Still, we'll bet a packet of Chewits that Xbox 720 will be out within two years if Natal doesn't take off.