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VGPolyglot said:
Wouldn't they have to delay the console? Or wouldn't that make it more expensive?

Neither.

A downclocked GPU doesn't mean it's more or less money.  It just means Microsoft may be currently running the GPU below its baseline.

I'm fairly certain 4GB of DDR3 memory would be cheap.  While a consumer grade package is $50, I'm sure the memory ICs alone would be relatively inexpensive.  It won't make the console more expensive to buy, but it may extend out the timeframe for profiability.