i hate to chime in and repeat the same thing here, but it's amazing how wrong the marketing folks got this.
You'd have to think that such a massive release would have tons of market research, analysis, and surveying done before doing such a product in this kind of tight marketspace.
i'm shocked that a corporation as large as MS could put together such a blunder. Lucky for them i'll only be purchasing a next gen console a year or so (at least) from now, so hopefully they figure out how to right the ship, and hopefully it's on COST

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