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Conegamer said:

Don't like that pricetag and calling it Xbox will lead to serious confusion. I also disagree with some of those games, but this is mostly plausible.

Why would that lead to confusion? The original Xbox is long gone, the current is "Xbox 360". When average consumers go to the store they just say "I want an Xbox" so why no name it that? Xbox is the brand now and a strong one at that. I think it will work perfectly.