Counter Strike was a mod that took the PC world by storm around 1999 and has had several releases since. The newest sequel, Counter Strike: Global Offense, was confirmed today for a Q1 2012 release date.
Expect to see many new features including:
New Gameplay mode
New Maps and Revamps of Classics (Dust, Aztec)
Matchmaking and Leaderboards
New character skins
The game is being developed by Valve and Hidden Path Entertainment, who also worked on previous CS titles. We should hear more as the weeks progress, but until then, here is a teaser trailer for the game. CS:GO will be released for PC, Xbox 360 Arcade, and the Playstation Network.