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> The reasons behind the price drop might be bad
>
> Even though I have faith in microsoft I must be the only one
Take that back damn you ! ;-))
I think its a good move by Microsoft. Its no doubt going to worry Sony and it certainly won't do the Gamecube's launch any favours.
> How can a price drop be bad?
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Well, it can't really, unless they drop it by 5p or something.
Of course that isn't likely, so nothing can make a price drop bad.