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It is laughable to use sequels as a down scenario for the 360 and to think all the best games are already out when:

- All the top publishers and developers worldwide are fully supporting 360 game development this generation

- Microsoft Games Studios is growing exponentially with more from Halo / Gears / Fable / Mass Effect etc. etc. etc. to come (and of course new IP and unannounced games)

- Looking at the 2009 release list, we are in for another bankrupt year if you want to play all the top games on the 360 alone (and there is a big chunk of new IP and IP brought into the HD era)

- MS' new and future EU strategy is to be more localised with retailers/games and its working very well this holiday

- There is a long more way to go with pricing of the Elite model and downsizing of consoles, so there are similar opportunities for both MS and Sony here