Rumors came out last week pointing to the release info for Project Natal, which included the margin, the price, even a number of launch titles to be available. When asked for comment, Xbox UK exec Neil Thompson flatly dismissed the rumors, saying they "weren't accurate" and that the kitchen's still cooking as far as the Natal release is concerned.

We didn't think there could be any bigger news this week than the release of Modern Warfare 2. Apparently, we were all wrong. Dead wrong. Modern Warfare 2's thunder-stealer: Microsoft's banhammer.

Major Nelson has announced that by next week, all Xbox Live users will be able to start enjoying the new social networking apps being added to the Dashboard. More after the jump.

To ensure that users get an age-appropriate environment, Microsoft has decided that the Twitter, Facebook, and Last.fm features soon-to-come on Xbox Live will be restricted to Xbox Live Gold users aged 18 and above. Minors, don't worry. Microsoft is now working on a patch to let you guys use the features, provided that your parents approve, that is.

Yes, there will be a beta for Battlefield: Bad Company 2 (PS3, Xbox 360, and PC) or at  least DICE has hinted at it. GameStop, however, has jumped the gun and posted a supposed date for the release of the said beta -- only to take it down later.

Microsoft has completed another system update, and those connected to Xbox Live should be prompted to accept the mandatory update any time now, if they haven't gotten it already. Hold yer horses, though, young'un, this ranch ain't ridin' them fancy Facebook, Twitter, Last.fm, and Zune features just yet.

This one goes out to queenanthai following us on Twitter. It was last month when he/she asked if Cable was in Marvel Ultimate Alliance 2 (PS3, PSP, PS2, Xbox 360, Wii, and DS), and this bit of news will pretty much speak for itself. If that's not enough, there's a video that comes with it too. That's right - the hardcore time-traveler has come from the future to join in the action in Marvel Ultimate Alliance 2.

In a BAFTA lecture in London, Peter Molyneux reportedly confirmed the integration of the Natal technology in Fable 3. This first spread to the Internet by a tweet from Nicholas Lovell, founder of Gamesbrief.

If there's anyone in the industry with such vocal, unwavering loyalty and confidence in his brand, it's Aaron Greenberg. Leave it to Microsoft's director of product management to turn an interview into an elaborate sales pitch. Despite the Xbox 360's current position in the sales department, Greenberg remains absolutely confident that they will still come out on top.

The fine folks at Imperial Leisure have given us a heads up on the second viral video they're releasing for Tekken 6 (PS3, Xbox 360 and PSP). This time around they're turning the spotlight over to the ladies. Check it out after the jump.