The Xbox team is taking RSVPs for their next-gen console reveal. Credit: Microsoft

Here we go again. Official information on Microsoft's next generation of Xbox will finally be shared with us come May 21 at 1 p.m. ET, exactly three months to the day after the PlayStation 4 was detailed by Sony. The unveiling will be held at Microsoft's Xbox campus in Richmond, Washington.

Larry Hryb, director of programming for Xbox Live, posted a countdown clock and a promise of an E3 game line-up reveal on his blog. The event will also be live streamed on Xbox LIVE, Xbox.com and on Spike TV, according to Hryb's post.

Get a leg-up on the competition and read all about the specs behind the previously announced PS4 and our review of the Nintendo Wii U.