Valve denies the recent rumor that they are on the verge of unveiling some sort of Steam console, as Doug Lombardi tells Kotaku that while they are working on "Big Picture Mode UI" and other enhancements, this is "a long way from Valve shipping any sort of hardware," and that while he was not ruling out the possibility Valve would someday produce hardware, he "thinks that's accurate" when asked if we should not expect an announcement at GDC or E3.