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Baddman said:
um actually the 300 dollar subscription model is better than the 500 model...basically looks like you adds up to 540 vs 500 and Xbox live is 60 yearly which would be 120+500 vs 300+240 no way i believe Microsoft would do this

Which is why the subscription model will not be the same peice of hardware. It will be different skus with the $500 item being a "pro" console and the $300 item being a "basic or arcade" type model.