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ArtofAngels said:
Maybe 360 really is out of the war in 08.

 Microsoft has deep pocket, and has demonstrated a pretty staunch commitment to maintaining or increasing market share, even if over several generations.  As a result, I'm sure that they are going to slash prices left and right, pretty shortly now, if they want to stay in the game (which they obviously do).    

Makes me glad I haven't bought a 360 just yet! ;)