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RazorDragon said:

If that's true, then it's awesome news. The exclusives shown on the MS E3 conference had me interested in the console, but I wouldn't ever buy it if it came with this DRM. This news, however, completely changes my position towards buying the new Xbox(if true).

Same here. The price tag is still daunting, but at least I know I can purchase it with a clean conscience :)