Emails were sent out this morning inviting everyone to come and see the unveiling of the next Xbox on May 21st. The event will take place on Microsoft’s Xbox campus in Redmond, Washington. The event will start at 10AM PDT and you can watch it on Xbox.com, Xbox Live or on Spike TV.

No announcement has been made if a hobbit will be hosting the event.

We will be updating you as more information comes in. Until then have fun going through our most recent set of Xbox rumor mill items here.