You've been waiting anxiously to hear this news, and we here at Destructoid are proud to finally break it. Originally code-named Black Belt, the Sega Dreamcast will be the first 128-bit console to hit the market, and features the NEC CLX2 processor, a 56kbps modem, and produces a mind-blowing 3 million polygons per second.
If that isn't enough to get your tongues wagging, how about 640x480 screen resolution? A game library of over 250 titles? A $199.99 price point? Console production coming to a screeching halt in March of 2001? If your hands are bigger than those of a four-year-old, you'll also get the added pleasure of the most uncomfortable controller you've ever held in your life. Regardless, I anticipate liking this console enough to still have it as part of my gaming rig in the distant future, say 2007 or so.
[Via a certain other gaming blog, known for "spinning you right round" with the latest news.]