Windows 7 will not hit late next year. I have heard these rumors as well. Such as May29th or around there. They have not even hit Milestone 2 yet. Jsut Milestone 1 refresh. Kinda hard to get a new OS out in a year if htey have not hit beta stages yet. It took Vista almost 2 years. No way they will rush Windows 7 that much.
XP yes. You are right.
Microsoft Gives Windows XP A Limited Reprieve - Yahoo! News