Used when talking about video game systems that are coming out or have just came out. Currenlty, this gen systems are the Dreamcast, PS2, Xbox and GameCube. The next gen will be the PS3, N5 and Xbox 2.
Why buy next gen when you can always get a SNES?
The shorter name for the 80s ska/punk band Operation Ivy. Members include Jesse, Lint, Matt and Dave. After two years, and 185 shows, including their infamous laundromat show, and their show in the middle of nowhere where one person turned up, Operation Ivy called it quits.
Rancid sucks, listen to Op Ivy