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Mr Puggsly said:

Uhmmm... for that to be true wouldn't the One require an Online connection to install a game? I mean how is another console going to know that disc was installed on a different console unless its all done through the internet?

So I'm reluctant to believe it right now.

It's been confirmed. We're talking hard facts here, not rumors.

MS did say online wouldn't be required, so obviously this would be handled offline. There is some kind of system-wide DRM or maybe something on the disc itself that limits how many times it can be installed.