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kitler53 said:

i suppose you'll have to argue against mortgages as well then no?  I mean, i would have gotten a much better deal by just saving up enough money to buy a house and in 15 years i'll finally get one!!

dude -- chill.  this is a fantastic business model for some customers that can't afford a large upfront cost.  i would have save 10's (100's?) of thousands of dollars by not taking out a mortgages but fuck that...i wanted a house now.  there will be other customers that see this as a great way to get what they want when they want it.  and that is fantastic business model. 

i actually hope MS/sony both have a skew of this type for the next gen.  could really get the gen rolling much faster if the low income households feel like they can jump into the gen before the 6 year mark.

A quote from me from another post in this thread: "Credit should be reserved for emergencies, large purchases ($1,000s not $100s), and when its building your credit since you're carrying very low balance or paying off monthly."

Two completely different beasts.