Another leak, another confirmation. Right down to the codename. Microsoft closed its E3 conference with the news that 'Project Scorpio', a new powerful Xbox One, is in the works for 2017. A console capable of 6 triceratops of GPU gpu-ness. Sorry, that's teraflops. Lousy spellchecker. Not only that but it's being designed as a 4K-capable, VR-ready console. The most powerful on the market to boot.

This is a bit of a weird one. On the one hand a powerful console that can go toe to toe with a VR-ready PC is great news, but it brings up a number of questions. How much will it cost? Isn't this basically a new console? Does this mean the end of the standard console cycle? With the answers being a lot, yes, and yes. 'Project Scorpio' seems to fit with Microsoft's new strategy of positioning the Xbox brand as something that can exist on multiple devices, be it a Windows 10 PC or tablet, Xbox One S, or high-powered 'Project Scorpio' thing.

In a way you could see it as Microsoft re-positioning the Xbox One as a PC platform. And as per the announcement video below this new 4K-capable Xbox One is being created in conjunction with several high-profile developers to ensure it lives up to its promise.