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720 sounds to be good then if this is true. If Microsoft don't put a Blu-ray drive in then that'll be stupid.

if it costs that little a lot of people will buy it over the next playstation which will probably cost at least $500-600

I hope they keep it at $300. I thought it was going to be more like $400-$500.

They have to have a Blu-ray drive. We can't be stuck with 8GB on a disc for games, especially next gen console games.