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On point three, the development of journalism for the videogame industry is forming in an area where journalism is where there is so much content that the money isn't really there. ALL journalism is being impacted by the Internet, With the Internet being even more so of this.

As for Randy Pitchford not lying, well...
http://gamrconnect.vgchartz.com/thread.php?id=155216

 

And for the lying issue in general, tell me why you would preorder at this point?