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If people think the Playstation brand is in trouble in any way I feel bad for them. They are so misinformed.
Sure there is no AAA game this holiday(last year we had Uncharted) but there are a variety of great games such LBP Karting and PS All-Stars along with the usual 3rd party juggernauts. Not having a AAA title this holiday could actually be a smart move by Sony. It strengthens their relationship with 3rd parties which is what they should be doing now that a transition into next-gen is starting.