By contract, OWI's next 3 games have to be XBox exclusive.
In the latest interview with them, they did say they weren't concerned with remaining faithful to one particular piece of hardware; they'd go with whichever console could provide the best gaming experience, and right now for them that's XBox. Even though the PS2 can handle more complicated fire and water effects than the XBox, the Box has more RAM and can push more polygons, and so is better for MO. Apparenlty MO could have been done on PS2, but it would've needed more than one disc, and if they'd stuck with the PS2, MO would still be being made!
PS3 is confirmed, yes, by Sony themselves; it's not just a rumour. It will be released in around 5 years time.
There will not be an XBox 2; Microsoft's next console will be the Homestation, and will play both XBox and PC games. However, the large size of the XBox means that it is upgradeable and you might be able to buy extra bits for it to get more memory and even better graphics.
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Hand me my flamethrower... it's the one that says 'Bad Motherfucker'.
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