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While I hate Microsoft for price gouging on accessories, and for charging for online play, I'd be lying if I said that a $200 XBox360 Arcade wasn't extremely tempting. Not as the main console, but for a couple key exclusives (Ninja Gaiden 2 and Mass Effect for now, possibly Fable 2 in the future).

Of course, then I end up thinking of how many PS1/PS2/PS3 games I could get with those $200. It's still tempting though, and could get a lot of impulsive buyers.