Screaming Penguin - Source Does Matter

Hollinshead says Quake 4 will come out and play at QuakeCon:

Hollenshead also teased the crowd with information about the upcoming QuakeCon, the annual id-sponsored frag-fest scheduled for this August 11 to 14 in Dallas. Namely, he revealed that the next installment in the conference's titular franchise will indeed be on hand, a fact omitted from last month's official lineup announcement. "We'll have Quake IV multiplayer to play," he said "And because it's also the 10-year anniversary of QuakeCon, we'll have a few other surprises as well."

But before that, the sad sad discussion...

Addressing whether future id games would be written for PCs or consoles, Hollenshead took a pragmatic approach: "Well, that's really more of a financial question than anything else," he said. "Over the past few years, PC game sales have either declined a little bit or stayed relatively flat, while console game sales have seen mostly double-digit growth. I don't know if we'll be releasing multiple SKUs at the same time, but as for PS3 and Xbox 2 and so on, yes, we will continue our development effort on the consoles."

"John [Carmack] has been playing with the tech on the new consoles for a bit now," he added. "I obviously can't talk about that as it's all under [wraps], but I think developing for multiple consoles will happen at id."

Now, I know that the modern consoles are PC-quality... well, 5 year old PC quality... but whatever.

I still can't STAND trying to play a shooter with a console brick though. There is really something to be said for having a seven button mouse and 102 mappable keys on a plastic sheet in front of you. I really do think that the rise of consoles is resulting in a great dumbing down of games, in both complexity and features.