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Valve Getting Ready For Its "Next Gen" Source Engine?

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Valve's Source Engine has been powering the company's games for nearly a decade now, having made its debut all the way back in 2004 with Half-Life 2. While it's done an admirable job in recent years for games like Left 4 Dead, updates and revisions can't mask the fact it's getting a little long in the tooth.

A replacement was always going to be needed, then, but when? It might be soon, if these snippets of code found in Valve's recently-released Source Filmmaker are to be trusted.

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One such snippet reads:

'''Return an str with the current engine version.
If key doesn't doesn't exist, assume 'Source', otherwise invalid — assume next-gen 'Source 2'.'''

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Along with mentions in code, there's also apparently some icons hidden away in the Source Filmmaker for "Source 2 tools".

Interestingly, in September of last year Valve made a very quiet change to its website, adding the line "And it's about to get even better" to its description of the Source Engine.

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Since Valve's last "generation" of titles (HL2, Left 4 Dead, TF2) made appearances on consoles like the 360 and PS3, could a newer version of Source be on the way soon that's better suited towards the next generation? Or is this just some handy future-proofing for a tool that'll likely still be in use long after the original Source Engine is done and dusted?

And while we're on the subject of speculating, I wonder what games Valve could possibly be working on that would debut alongside a new engine...

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We've contacted Valve for comment and clarification, and will update if we hear back.

EXCLUSIVE: Next-Gen Source 2 Engine Is In Development [ValveTime]