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Here is some vital info...

Halo: Reaches online numbers peaked at 900k THE FIRST FRIDAY AFTER LAUNCH. Tonight is the time to check Halo 4's numbers.

HOWEVER, reaches numbers included people who were playing campaign, forge, firefight, theatre and even people who weren't playing anything and just sitting on the home screen or something. Halo 4's only shows people who are ACTUALLY PLAYING in each individual playlist...so 300k+ is MASSIVE!