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I think some people are expecting too much from this new 360 model.  Yes, it will boost sales.  But, it will be nowhere near what the PS3 Slim did.  The Slim did well because not only was it a significantly smaller model of the PS3, but it also lowered the price of the PS3 to $299.  A price-cut many were waiting for.  I'm goin to agree with some and say that 500K-600K seems to be about right for first months worth of sales.