Smidlee said:
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http://kotaku.com/gaming/clips/the-orange-box-ps3-vs-360-portal-333165.php
Watch that video and tell me that the difference between those two are insignificant. Everyone can deal with load times being bad but that doesn't mean it should be.
And Uncharted is a different type of game. By your logic, games should never have loading times anymore since...oh Uncharted didn't have loading time and it looks fine.