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It is slow, not Doomed!! Even if Microsoft were to come out with a new system in 2009, it will only be the same in specs(note that I say in specs) to the playstation 3. The playstation 3 has potential for many years to come. Thats if Sony can hold out so long. lol! "Why did they have to boost the price of the Playstation 3 with a Blu-Ray player no one needs? " Of coz we need blu-ray. Blu-ray is not abt HD movies. Stop associating blu-ray with movies. blu-ray is a media format. Would you want a console that uses CD, and the entire content is only 640mb? Blu-ray media can hold 25gb of data on a single layer, which allows developers to increase their content/storyline or enhance their image and sound quality. No longer need swapping of 3 DVDs like Onimusha 3 in PS2.