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If Microsoft has any business sense they will release the next Xbox before the PS4 and for a lower price point. The early release and lower price did wonders for them this console generation. If they don't have any widespread hardware issues then the gulf between the next gen Xbox and Playstation would likely grow larger and Microsoft could focus on competing with the HD Wii. If I was a Microsoft executive and it was up to me, the next Xbox would launch in late 2010 for about $300.