While Microsoft hasn’t uttered a peep about the next iteration of the Xbox, it’s one of the industry’s worst kept secrets that development is well underway. Now, a new rumor from a blog that has a decent track record when it comes to Microsoft information has a few new theories about what we can expect.

If MS Nerd is correct, the Xbox 720 (or Xbox Next, or whatever Microsoft decides to call it) is currently being developed under the codename “Loop” — and the machine may run on a modified version of Windows 9.

Read more at Yahoo! Games