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LBP is still a flop. Not sales wise, but it was supposed to move tons of hardware and attract a new crowd of casual gamers.

Fell short of expectations....yes that's a good definition of a flop.
You could even call the DS version of GTA Chinatown Wars a flop. It was the most expensive handheld GTA game Rockstar ever made and it sold only fraction of the previous PSP games.
However The PSP version is obviously the bigger flop.