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To be honest, I think we still have a LOT to see from Microsoft. It's clear to me that they got started in this generation before they were ready. Much of the content they spent all that money on hasn't been close enough to gold to show off. It might be this E3, or maybe later, but I get the feeling they have a bunch of stuff up their sleeves.

Of course, we know Sony will bring the first party games, so it's gonna be interesting. I do think Sony's will be spread out more, however, given how well they've supported the PS3, which might give the XO an early advantage.