It's hard to believe, but this November the Xbox 360 will turn 4-years old, and the Wii and PS3 will turn 3-years old. These consoles mark what's considered to be the seventh generation of video game consoles, and generally consoles are revamped every 4-7 years.

With the E3 Media and Business Summit going on (the annual trade show for the computer and video games industry), there have been several big announcements from Sony and Microsoft.

Any Grand Theft Auto fans out there? If there are, you already know Grand Theft Auto 4 (GTA) launched at midnight last night and you probably already have your hands on a copy of the game. For the first time, the game launched at the same time for two platforms, PlayStation 3 and Xbox 360. In some cities, like New York, people were in line waiting for the game's launch before midnight.

About a month ago we took a look at how each of the consoles were still stacking up to each other in the U.S., and not surprisingly Nintendo was widely outselling the competition in both the handheld and console gaming markets. As March rolled on nothing much changed, except that Nintendo sold about 300,000 more Wii's than the previous month:

Have you been wondering how the consoles have been stacking up against each other lately? Don't worry, you stataholics will be getting your fix in this article. Below you'll find the top selling hardware/consoles, and then also the top 10 games for the month of February 2008.

For some of you who were just able to get your hands on a Nintendo Wii, Xbox 360, or Playstation 3, you're not even thinking about the next generation of consoles.  Analysts are though, and according to some, 2010 will be the shot-gun start for the next round. The last time around, Microsoft had quite an advantage by launching the Xbox 360 a whole year ahead of the PS3 and the Wii.

PS3 Fanboy received an interesting scan of an internal letter coming from Best Buy that explains that the 80GB  Playstation 3 is going closeout.  This means that there will be no new shipments, once their current stock of 80GB systems is gone, that's it. The memo states:

Stuff magazine originally wrote about this rumor and gave it a 53% probability rating. Below is an image from the magazine that speculates how in security mode, the AIBOS PS would awaken if it heard a sound or sensed motion.

This rumor by no means has been confirmed, but we're telling you about it so that you can keep your eye out for it. If it's true, it's an awesome deal. Rumor has it that starting on November 24th at 8 AM and running through November 25th at 11:59 PM, Wal-Mart is having another "secret" sale.

Playstation 3 users are getting all riled up because DivX support has officially been announced for the system. This will be sent out via a separate system software update sometime in future, which means existing PS3 owners will get a piece of the action.