I think it should be painfully obvious by now that 99% of what Valve does turns into gold so why doubt them when they decide to make a new console? It's been Sony, Microsoft and Nintendo for years now and it's hard to believe anyone else could make it on the scene. Verge first reported that Valve has been working on a hardware spec along with the software to create a console made to compete with the three big dogs. Several other discoveries have lead up to this such as Valve putting in for a patent on a controller with swappable parts and the idea that the AlienwareX51 may have been an early design for the Steam Box. Two things stand out amongst all the info, simply put-biometrics and no licensing fees to make new software for the platform. No devkits and the idea that Valve wants to make a truly open platform makes is refreshing. Biometrics in the form of a bracelet or directly attached to the controller? Yes Valve, I'm listening. Biometrics would let the game know the player's heartbeat among other things and open up a world of possibilities. It's all speculation at this point but Valve does shit right so stay tuned for more updates from R&R. Follow us on twitter @askrandr because our opinions are superior.