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While it would make sense to launch it with the new system like Halo:CE did, Bungie would be foolish to avoid current hardware. There are 141+ million consoles sold right now, and Bungie can utilize the hardware as much as possible.
Even Rockstar chose to keept GTA V on current consoles.
Besides, the leaked promotional materials show that it is for xbox 360 and ps3. I expect the sequel to be on the new consoles. Besides, if games like Halo 4, Gears of War: Judgment, Grand Theft Auto 5 are possible, why wouldn't this be?
Microsoft will announce their new system next year, as will ps3, but you have some of gamings biggest titles next year as well. They'll either launch next year or 2014.