There's four Burnout Paradise screenshots in the gallery today, the next game in the Burnout series is due in Winter 2007/8 on the Xbox 360 and Playstation 3.

Burnout Paradise proves that crashing is awesome! Next generation technology has enabled an unprecedented level of crash deformation allowing you to experience the most explosive pile-ups in the series’ history. Now the development team can realise their original vision for the Burnout franchise: an open world environment where you can do anything, anywhere, anytime!

"We have been working towards Burnout Paradise for quite some time. Next generation consoles have opened up a raft of new gameplay opportunities and the Criterion team has leapt at the chance to innovate and raise the bar to an all-new high," said Pete Hawley, Executive Producer, Burnout Paradise. "There are going to be some big surprises and a lot of new features but the core of the game is still pure Burnout. Instant accessibility will be reinforced by innovative on-line capabilities which will see Burnout Paradise smash racing conventions.’’

** Update **
I've added the announcement trailer now too.