“Windows 7” Details

Microsoft is finally starting to let a few details about their next OS, dubbed “Windows 7”, slip. 

While the new features are still under wraps for now, MS did reveal that they plan on adopting a more incremental development approach somewhat similar to that of Apple.  It could be argued that MS has already tried this approach as Windows 98 and ME could be considered evolutions of improvements over Windows 95.
“The company discussed Windows 7 on Thursday at a conference for its field sales force in Orlando, Fla., according to sources close to the company.

While the company provided few details, Windows 7, the next client version of the operating system, will be among the steps taken by Microsoft to establish a more predictable release schedule, according to sources. The company plans a more "iterative" process of information disclosure to business customers and partners, sources said.“
Early indications are that there will still be a 32-bit only version, so we might not see the industry move en masse to 64-bit just yet.