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It make sense for MS to continue harware revisions and production of the 360 for as long as it is selling Profitably at a reasonable rate. There are no bad deals with Nvida or Intel this time around the design belongs to Microsoft. They can continue to revise the hardware as smaller process become available for increased yeild and lowered production costs. There is no reason for MS to stop 360 production once if they are first to market  with their next console. Poeple buying console at and end of life cycle price point are not early adoptors.

 I hope to see all the manufacturers adopt an atitude that backwards compatibility should be a primary focus when developing the Architecture of next gen systems. Not because I care about playing old games but beacause it will make transitions easier for gamers who do and more importantly for developers to get a head start on developing quality titles for next gen systems. It will also leave the market open for a contiued release of new 360 titles well into the life of their next console.

 As a self acknowledged graphics whore I am pretty satisfied with where games are on the 360. Hell the lauch titles are still pretty enough for my standards. I see no need for a massive change in architecture this time around.Scale the current architecture, give me gobs more ram, and a standard hard drive on all skus or just 1 sku and I'll be happy.