A flurry of news in the console business today; Sony says they'll make a PS3 announcement in March, and that the console will be "playable" at E3 this year. Microsoft followed suit with their-long expected official announcement of the Xbox 2 during a conference call, although it is not known if the unit will be playable at E3, although apparently it will be shown.

Meanwhile, Xbox Live hits 1.4 M members and Microsoft actually makes money.