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I just wrote a pretty long answer about this topic so to put it short, it actually sounds kinda fair to me after all. The whole case has been exaggerated, though I can understand why. I was worried of Konami's actions myself but now it seems perfectly reasonable.

The installation thing sounds kinda succesful. Looks like those later installs cut the first install by half. They also sound short and will likely have even something else besides watching an installation bar (or black screen or something) so we won't get bored during them.