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The difference with Nintend/Sega and Microsoft is the Xbox Mini just isn't an attachment to play your physical copy 360 games on the 720. It is there to function as an Apple TV/Roku that also can play 360/XBLA games. If you as the consumer wants to have everything on the 720 than you can buy the 720 and Mini. If not just keep your older 360 around.

You just can't compare the 2 situations.