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The COMG preorders list is very good at what it does. It gauges interest in games to be pre-ordered and provides a proper ballpark estimate for what interest there is in a title before its released. There is no better enumerated metric available which can do this.

However what some people in this thread are being confused by is that it is not a gauge of what titles will have longstanding (evergreen) sales. The only thing it gauges is interest in a product prior to release and then the weekly list can be used to estimate opening week sales.