We've heard there are going to be a dozen Steam Boxes at this event, and there are precisely twelve lumps on these cabinets, so that information is looking pretty accurate right now.
This is Adi on text and Chris Welch on photos, and we're here to liveblog Valve's unconventional press conference: no chairs, lots of bass, and some mysterious boxes under black cloth.
Looks like a hardware reveal, nothing more.