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jlauro said:
Sorry, I haven't been following it too closely, as I have not been impressed with what little I seen... The real question... how much is it?

Microsoft said in November that they are aiming for $50-$80. Add in the fact that they removed that internal chip then the price will come up to just about that 

source: http://www.electronista.com/articles/09/11/11/project.natal.price.ship.targets.slip.out/