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4th Edition is Coming

* The big announcement will be made at GenCon shortly.
* Specific 4e forums have been created at the Wizards site
* Yes, there will be a "Player's Handbook", "Dungeon Master's Guide" and "Monster Manual" in 4e. (Source)
* There will be at least 7 books of D&D 4 on 2008. (Source)

From theminiaturespage.net:
August 16, 2007 (Renton, WA) – Whether you storm a mad wizard's tower every week or haven't delved into a dungeon since you had a mullet and a mean pair of parachute pants, one thing is certain - millions of D&D players worldwide have anticipated the coming of 4th Edition for many years. Today, Wizards of the Coast confirms that the new edition will launch in May 2008 with the release of the D&D Player's Handbook. A pop culture icon, Dungeons & Dragons is the #1 tabletop roleplaying game in the world, and is revered by legions of gamers of all ages.

The 4th Edition Dungeons & Dragons game includes elements familiar to current D&D players, including illustrated rulebooks and pre-painted plastic miniatures. Also releasing next year will be new web-based tools and online community forums through the brand-new Dungeons & Dragons Insider (D&D Insider) digital offering. D&D Insider lowers the barriers of entry for new players while simultaneously offering the depth of play that appeals to veteran players.

The 4th Edition rules emphasize faster game play, offer exciting new character options, and reduce the amount of "prep time" needed to run the game. D&D Insider includes a character creator that lets players design and equip their D&D characters, dungeon- and adventure-building tools for Dungeon Masters, online magazine content, and a digital game table that lets you play 24/7 on the internet — the perfect option for anyone who can't find time to get together.

"We've been gathering player feedback for eight years," said Bill Slavicsek, R&D Director of Roleplaying and Miniatures Games at Wizards of the Coast. "Fourth Edition streamlines parts of the D&D game that are too complex, while enhancing the overall play experience. At its heart, it's still a tabletop game experience. However, D&D Insider makes it easier for players to create characters, run their games, and interact with the rest of the D&D community."

Wizards of the Coast will release two 4th Edition preview books in December and January — Wizards Presents: Classes and Races and Wizards Presents: Worlds and Monsters. The first live demos of 4th Edition will happen at the D&D Experience gaming convention in Washington D.C. in February 2008. The full scope of 4th Edition books, miniatures, and adventures will be available in the spring and summer of 2008.

Since its first release in 1974, the fantasy roleplaying game Dungeons & Dragons has taken millions of players on imaginary adventures of epic scale. Today, D&D is universally regarded as the original game that created the roleplaying game category, and the inspiration for generations of game designers. D&D is enjoyed by millions of players worldwide, while countless more remember it with fond nostalgia.

Player's Handbook 4e: May 2008 (Source)

Dungeon Master's Guide 4e: June 2008 (Source)

Monster Manual 4e: July 2008 (Source)

D&D Insider

* This is the "D&D Online" section of Gleemax
* It contains a "Dungeon Master's Kit" that includes the following:
o dungeon builder (map tool)
o adventure builder
o PC generator
o other things (Source)
* "Character Generator"
o character sheets
o character visualizer (Source)
* "My Campaign"
* "My Character" (Source)
* "D&D Game Table" (Source)
* "Dungeon & Dragon Magazines" (Source)

Open Gaming Licence

* 3rd party publishers will be able to get licenses to create 4e material from Wizards. (source)
* Fans will be able to publish material on Gleemax under (free) license from Wizards. (This material will be available to Wizards to republish; see discussion on Gleemax TOS).
* The OGL/SRD/d20 Licenses will still exist - details still to come (Source)