While it won't formally be announced until tomorrow, Microsoft's Bill Gates appeared on CNBC's MarketWatch this evening, where he revealed their upcoming console system, dubbed X-Box (thanks Trent Corney for letting us know in advance). Gates was interviewed sitting in front of a giant monitor that featured a giant, green, glowing "X" insignia, and said that the company's original plan was to make the system, "over twice as good as what's ever been done" and that the end result is, "far better than anything I had expected." He also said the system wouldn't ship until the second half of 2001, and said tomorrow's announcement will essentially be an explanation of the system to developers.