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It needs work, I think. No one can expect it to be at the level of PS+ yet but you also can't blame people for not jumping on board. In all honesty, about the only thing that could entice me to buy at 360 at this point is a $99 price tag and free Halo 4.

The XO is a different story. If this promotion keeps pace with PS+ on the PS4, then it's a new ball-game.