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I wouldn't call it a failure when all things indicate even in the current economic situation and despite stiff competition from Both Microsoft and Nintendo PS3 has sold well and by all accounts LBP has as well.

How much has LBP helped PS3 remains to be seen but I wouldn't judge on a couple of weeks when the biggest holdiay shopping season has just begun. An article like this would be appropriate 2 mionths from now when we have more data.