The Big Announcement about the next-generation Xbox happens today and if you’re a gamer, it’s something you don’t want to miss out on. Not only will fairly-much every major gaming website be live streaming and blogging the press conference, you can also watch it at Xbox.com starting 1p ET/10a PT/17:00 GMT.

Be sure to stay tuned to SiliconANGLE as well for further news on the subject.

For those who miss the show, Microsoft’s Larry Hryb (Major Nelson) is expected to run a recap of the show on Twitch.tv as well.

Other spaces that will be streaming and blogging the event will be spaces such asGameSpot, Eurogamer, Polygon, and Game Informer.

The rumors have been spectacular coming up to this event, from a price set at $500; to codenames from Durango, Xbox 720, and a low-cost model called Stingray; and, of course, the fears of Always-On DRM tripping up  gamers when they try to user their favorite games (shades of the PSN crash anyone?)

There’s a lot to look forward to today.