Can Microsoft's gaming division still be profitable with free XBL?

[mrstickball]

DMeisterJ said:

mrstickball said:
Im sure if XBL offered the same (small) amount of content that PSN offered, they could do it for free, and still make a profit.

By "small" amount of content, do you mean lack of TV shows/movies, or gaming related?

Gaming related, as TV Shows/Movies are paid for, therefore null.