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I suppose the other reason why "jumping ahead" with an Xbox 3 release isn't a particularly great idea is that unless it's supposed to surpass the best PC gaming has to offer from a hardware capability perspective, why bother now when the task would only lead to a console that was prohibitively expensive?

I'm not particularly convinced it's necessary until PC gaming on the most current builds results in games that just don't port well at all to consoles without significantly downscaling the experience (and no, lower res, lower frame rates, lower AA do not qualify in this respect).

It's not as though the best Xbox games to be seen aren't in the near future rather than the past and until the level of games plateaus or the 360 is no longer a profitable platform, why flip the reset switch early with a replacement console?