you have to remember that it was actually a small team for most of that time, id was not a huge studio which is why it has taken so long. Since the Bethesda acquisition they have doubled the size of the studio and are still only a mid size studio. 3+ million over all platforms (PS3, X360, Win, Mac, Linux) should make a good profit for Bethesda...
Also the game runs at 60 frames per second on consoles and the only other major FPS that is doing that is Call of Duty.
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