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Chairman-Mao said:

Unless MS is paying them to keep it exclusive then there is no good reason to keep it just on 360. 3rd party exclusives don't make any sense to me. 

Microsoft's already likely done the "payment".   I'd agree though, 3rd party exclusives only really make sense when they're being subsidized by the hardware maker... which Gears 1-3 undoubtedly were.