Waiting to see what Steam do with the whole Steambox thing. I've got a few ideas as to what they're working on, but they definitely have a few big changes in the works I believe.
They have the Steambox project they have been working on for years, info on "Piston" dropped recently at CES which turned out to be a small modular computer/console, which is a pretty cool concept, but valve have said since that Piston is not the "Steambox" and that they will develop the hardware for the Steambox internally to retain maximum control over the hardware and design.
I have a sneaking suspicion they are working on their own gaming orientated operating system. With them diversifying into linux games, and the general attitude towards gaming on Windows the timing is looking right to make some big changes. Gabe himself has made a lot of comments about Windows 8 sucking and him wanting to move away from Windows as much as possible, as well as wanting to head towards linux, and just diversifying in general. Steam has also recently being pushing their distribution platform for more than just games, with software and utilities appearing on steam for sale etc.
The fact that they are developing their own box of some sort, as well as working with other companies to develop hardware, and aiming to be a lot more linux friendly as well as pushing developer to go that way give me the feeling they've got something big in the works.
I'm expecting a linux based "Valve OS" of sorts. Their console will run on it, the Piston will run on it, other devices developed will run on it, and presumably gaming PC's can run it. Their entire market will be linked into a single distribution platform like Apple and Android (Steam store, as opposed to iTunes store etc.), they'll have their flagship device on launch which will be the "Steambox", as well as having Piston, and they'll open up the market for other companies to manufacture the hardware and use their operating system like Google are doing with Android and now the Chrome OS.
I also assume that they'll simultaneously release Half Life (episode) 3 on the new source engine to kick-start the whole thing, which will all be optimised for their new OS and linux, thus providing "launch games" of sorts, as well as opening up a huge opportunity for anybody who wants to develop for it by using the new source engine.
All just purely speculation, but the boot seems to fit. They're doing something big related to Linux, Gabe wants to throw off the shackles of Windows and Microsoft dependency, so going out on your own as a standalone platform seems like the logical choice, they've got the power to do it these days for sure.
Problem at hand tho is there are still plenty of software compatibility issues with Linux. I always look at threads related to taking my favorite DAW(fl studio) and running it and there's always a plethora of guys with random distributions still trying to get just that program alone running solid.
Microsoft is respected because well...billy boy did quite a job at encouraging almost everyone to make it the go-to.
