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Sony is in good position for sure (at least on for the E3)
No annoucement from Microsoft about MGS4 or FFXIII
They don't even tried to show some exclusive GTA gameplay

At the opposite Killzone2, let's say, get a "B" avoided the crash of Motorstorm on E3 2006, and Sony conference is coming with exclusive game/new game/price drop...

Time to Work !