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Oddly enough I'm happy for this. Now it will be easy for me to know when the new "Valhalla/Jasper" models hit the stores. Given a choice between the old models and $50, or the new, I'll take the newer ones.

However, I criticized Sony for this before, and thus will criticize MS for it now. The new models are supposedly cheaper to make, and we have all heard that MS has been profiting off the 360s for some time now. A real price cut is well overdue, and this continuous releasing of new models on the market only creates consumer uncertainty.