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I don't know what is worse, retailers under ordering or lack of consumer buying.

If the retailers are under ordering, that means that they don't think PS3 games will sell. If they don't think PS3 games will sell, they won't push PS3 in their stores. Not good.

If the consumers aren't buying, that means that they aren't looking for PS3 games. Not good.

It's really no win either way.