Michael-5 on 12 September 2011
No.
Japan is as large of a market for handhelds as the Americas is. Being American, it will sell terribly in Japan, making it only a competitive console in Americas, and maybe EMEAA. At best it would sell half as well as a DS.
Also MS doesn't have handheld oriented IP's. Halo, Alan Wake, and Forza are great, but it's RPG's and platformers that sell on handhelds. Only MS brand that could sell decently would be Fable.
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