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I love how no one even read the OP.

He actually doesn't call it the Dreacast at all.  And he basically says he thinks it will be successful because its going to be very innovative.  He simply said if its just an HD Wii it would fail. 

So please people read before you comment.  Everyone is always so in a rush to bash Pachter but he's actually a very good analyst and seems like a genuinely nice guy.