According to GameInformer/JoyStiq seems like a remake of the original Halo will be MS' big holiday title. For the 10th anniversary of the series.
Quote:
It is believed that the remake is under construction at Saber Interactive, most recently the team that worked on TimeShift. The remade installment of Microsoft's sci-fi shooter is expected to arrive on November 15, 2011 – ten years to the day of its original launch.
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http://www.gameinformer.com/b/news/a...s-holiday.aspx