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By the time the PS3 gets close enough to close the gap, I think it won't matter anymore, from every point of view. The next generation will be right around the corner and MS will still have had a tremendous generation behind them and perhaps almost tripled the sales of the original x-box, which is a feat to be commended.
I can only imagine what Sony and MS will do next gen to 1up one another but it does bode well for us gamers!