To quote a report from my site, The Community, which covers a large chunk of gaming industry (this is caled advertising you guys

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John Romero, the guy who transferd Red Faction to the N-Gage, denies that Nokia is already working on the N-Gage 2. Normaly we would have doubt such a statement, but since he had a haircut, he had no hair to hide his eye's behind.
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Oh the HORROR!!
Something about the Phantom:
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The Phantom, the new game console which you can use to play PC game's (how original), will attend the E3.
The guy behind this so called console has a shitload of bankrupties... thats comforting...
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That pretty much raps it up...