It seems that Microsoft does have a portable gaming device in the works, and it isn’t the Origami. that’s not the Origami.  As rumored, the device will play movies, games, and music - sounds like a PSP-killer to us. Mercury News says that, “Game executive J Allard leads the project, and its director is Greg Gibson, who was the system designer on the Xbox 360 video game console. Bryan Lee, the finance chief on the Xbox business, is leading the business side of the project.” No other details have really been released, but don’t expect to see it until mid-2007.

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