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MGS and FF are massive franchises, but keep in mind that the PS2 had a much larger market. With a little under 4 million sold(or it might've already passed the mark), there is a very good chance that FF and MGS won't be massive hits like in the past.

I don't see FF going to the 360, but I can see MGS going that way.. maybe that's MS' strategy for Japan. Hope that MGS/FF bomb and somehow ports end up on the 360 to move millions of consoles.