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It isnt that sony is too cheap, they just employ a different strategy. Sony has built up their first party so that they dont have buy third party exclusives. Microsoft has a weak firsty party so they have to rely on third parties to fill the gap.

Right now sony is in a weird spot where they have to support three different systems at once. After this year ps3 development will wind down and ps4 titles will start getting pumped out like crazy.