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In my mind, the only way Sony could release the PS3 that early and at that price would be to sacrifice something: the horsepower, the Blue Ray, internal memory, and even basic backwards compatibility would have to be considered for removal. And I'm sorry, but I can't see the PS3 beating the 360 without these features. The PS3 did as well as it did in the early days thanks to being the cheapest Blue Ray player around and being backwards compatible, and being powerful allowed it to get many of the same games the 360 did. Quite frankly, this incarnation of the PS3 strikes me as being essentially a Wii with giant discs. It would be a very interesting generation, but not one I think Sony would win.