Quotes from the article...
Apparently, there's some life left in the current generation Xbox. "Of course, because Microsoft is making it, I believe that the next generation system will be excellent hardware," offers Itagaki. "But you know what? That doesn't mean that the current Xbox has already died. We wouldn't be making games for it if that were the case."
Pointing to the success of Xbox outside of Japan, Itagaki expresses, "In Japan, if someone would make real software [for the Xbox], there would be many retailers who'd make shelf space for it and many customers who would buy it. In that sense, in a way I'm confused that talk abruptly started about the next generation system."
Itagaki's last comment on the matter brought about tears with the Xbox faithful here at IGN (although Itagaki said it with a laugh): "Why must I bid farewell to this machine that I love from the bottom of my heart?"
Regarding the Xbox 360 in general, Itagaki seems to have confidence in Microsoft this time around. "In a word, Microsoft is serious," proclaims Itagaki. "Make no mistake, they will make an excellent machine. I think I said the same thing four years ago about the Xbox, but at that time there weren't too many people who believed me."
Asked if the next generation Xbox is easy to work with, Itagaki offers up this perspective: "I've worked with various systems over the years, but I've not once felt difficulty. Even speaking generally, there are plenty of templates and libraries, so perhaps [the systems] are easy to work with. This is, of course, Microsoft's strength. Microsoft is a software developer, so it understands how we feel. I believe that, in the end, hardware is just a box, and to make it move, you need software."