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Be excited, but cautiously so.
The latest issue of Japan's top gaming mag, Famitsu, has revealed that a demo of Capcom's Resident Evil 5 will be hitting the Xbox Live Marketplace on December 5th. That's Friday. Two areas (likely the same ones from prior trade shows like E3) will be available for solo or cooperative play, so make sure you tell your friends.
PlayStation 3 owners may not be so lucky, though, because the magazine doesn't make any mention of a PS3 demo. Famitsu also fails to explicitly note a North American or European release of this demo, so until further notice, it's really anybody's guess if Capcom will be giving the rest of the world a holiday treat, as well.
Let's just keep our fingers crossed.