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HappySqurriel said:

One of the common arguments that I have seen on forums for years is that Sony and Microsoft appreciate their customers more because they're willing to take heavy losses on hardware; and Nintendo is somehow greedy for breaking-even/profiting on hardware. The thing that most people miss is that you will pay the difference in hardware costs anyways ...

I don't think this argument is common at all...in fact, I don't think I've ever seen anyone make this arguement before.