There's going to be tons of console news later today, but to get the ball rolling, Microsoft has updated their official Xbox site with a preview of what they will be showing at E3 as well as a new edition of their State of the Xbox column. Also note that at 11:30 AM EDT they will be broadcasting their press conference where they will announce the Xbox launch lineup and information, while Sony and Nintendo will also conduct press conferences later in the day, but to our knowledge those will not be broadcasted online. Another big announcement from Sony regarding their network plans: Macromedia has announced that they have ported the Flash player to the Playstation 2, and Real Networks has announced that their technology will be used on the PS2, including a version of the RealJukebox that uses the upcoming PS2 hard drive. 3DO has announced Dragon Wars of Might and Magic, an aerial action game that marks their latest PS2 Might and Magic product.