Yea... well my guess is they will show off a cardboard box, and then sue everyone that says it's a scam, or gives it an otherwise bad preview. These people should not be trusted with anything! I would not be surprised if they take preorders and then disappear to Russia. Oh and the guy pulling all the strings thinks he's ultra clever, naming the thing Phantom... Definition: phan'¢tom also fan'¢tom n. Something apparently seen, heard, or sensed, but having no physical reality; a ghost or an apparition. Something elusive or delusive. An image that appears only in the mind; an illusion. Something dreaded or despised. adj. Resembling, characteristic of, or being a phantom; illusive. Fictitious; nonexistent: phantom employees on the payroll. Ok let's see "having no physical reality", "Fictitious; nonexistent"... wow that does perfectly describe the this console system!