Most have known it, or at least felt it for a long time... Microsoft understands that TVs are dead, High Definition monitors are the future, and XBOX is a channel play that gives them a choke point for high speed delivery of digital goods and services.

And XBOX 2, the shiny new version of the console scheduled for a full reveal at this May's E3, with, and I quote, "over a teraflop of... computing performance"?

It'll be interesting to see how the Cable companies, Apple/HP, and even companies like Netflix adjust their strategies in response.