Rumors that the next Xbox is codenamed Durango were apparently on the money, and the system is far enough along to be the subject of a developers' summit, according to a Twitter post from a Crytek developer today.
As spotted by a member of message board NeoGAF, a technical artist at the German studio behind Crysis said on Twitter, "Enjoying the Durango developers summit in London. So far, great swag and interesting talks." The post was pulled and the corresponding account deleted within hours.
The "Durango" code name first surfaced in rumors related to the Next Xbox system earlier this month. This isn't the first time Crytek has been at the center of next-gen scuttlebutt. Last year, a report cited a high-ranking industry source at Crytek with news that the next Xbox would be unveiled at the 2012 Electronic Entertainment Expo, along with TimeSplitters 4. The studio denied the news, but found itself pulled back into the rumor mill at year's end, when a former employee's resume said the Crytek's Ryse was being readied for the next Xbox.
As for the still-unannounced system, speculation has run wild as to its form, capabilities, release date, and price. The latest rumors say the Xbox 360 successor could boast a tablet controller, play Blu-ray discs, block used games, and cost as much as $500. For more on the next Xbox, check out GameSpot's rumor roundup concerning the new hardware from Microsoft.