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ROFL I love all the Sony fanboys in this thread. Maybe it went more like this. MS waited for Sony to do their little show and held off on booking their own show in case Sony really blew them away. In this case MS would want time to upgrade some stuff before their reveal. The fact that they rushed to book an event so soon after Sony's looks more to me like MS wasn't impressed at all and can go ahead with what they had originally planned to show with no adjustments.

Don't swallow your tongues in fits of unbridled nerd rage because of my post guys! I'm just playing Devil's advocate!