1. Yep retarded and am sure the price will be revised say a month after launch if not before.
2. Improves battery life, upper end games are 1.6 GB and cheaper to produce without a UMD drive.
3. Going to sell huge numbers in Japan and big in NA and EU. RE, GT etc are all million sellers.
4. Am sure there is a way arund that. EG go to a store and you purchase a code just like Patapon 2.
GT Portable will with ease sell 3 million though and should help kick start software sales again in EU.