Microsoft may be keeping quiet about development of the next generation Xbox, but a couple of crucial aspects of the console have surfaced by way of reputable Microsoft leak blogger MS Nerd

The Xbox 720, as it has become commonly referred to as, is allegedly codenamed "loop," and will be much smaller than the Xbox 360. Moreover, MS Nerd claims the system will cost less to produce in the hopes for achieving higher Kinect adoption. In addition, the console will be based on a modified version of the yet-to-be-announced Windows 9.MS Nerd continues by stating that "It will use a Zune HD-like hardware platform—a 'main' processor with multiple dedicated assistive cores for graphics, AI, physics, sound, networking, encryption and sensors. It will be custom designed by Microsoft and two partners based on the ARM architecture."Microsoft has yet to divulge in any information regarding their next console, although it is rumored that it will be revealed next year at E3