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I didn't read the entire thread so I apologise if someone mentioned this point. Many "analysts" say HD gaming is expensive to develop for due to increased graphics demands, yet the PC has had HD resolutions and above for years without those excessive costs.

Developers not managing budgets will kill HD gaming not either of the consoles. This just seems a cop out by developers to get a bigger slice of the pie in my book and in fairness perhaps they have a valid point.