The phantom by Infinium Labs is an on demand (always connected to Broadband for games delivered straight to the console when you so wish) games console/home entertainment system that i heard about last year after E3 but have heard little or nothing of since.
Their site has’nt any new info either so not sure whats the plan for it, although i heard that perhaps you can get one free in exchange for monthly subscription to the service etc or else you can buy it outright for a couple of hundred euro/pound/dollars etc.
but i have not heard of a new/Next gen console besides the Big Three of MicroSoft, Sony, and Nintendo.
Thanks
R.