Bob Wiederhold, CEO of Silicon Valley startup Transitive Corporation, has stated in an interview with Wired that his company's QuickTransit approach to emulation will allow the Xbox 2 to run games that run on today's Xbox. However, despite this, the company refuses to name any of their six clients, all of which are described as "OEM PC manufacturers" which would not be Microsoft unless you called the Xbox a PC (which is a no-no).

Here's what the article claims Wiederhold said:

For example, Wiederhold said QuickTransit will allow the next-generation Xbox (which will have a Mac-like PowerPC chip) to run first-generation Xbox software (which was written for an Intel chip).

Now perhaps that will allow should have read could allow, but as it's written that sounds a lot to me like he's talking about something that's actually happening, and not just a theoretical possibility. But this is how CEOs, journalists, and PR flacks get in trouble, isn't it?

Thanks to SPOnG for the heads-up.