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The game industry's problem is not in the lack of good hardware, it's in the lack of good games. I haven't seen a console game that made me say "OMG I HAVE TO HAVE" since Goldeneye on the 64.
Hopefully the Wii will change that, Nintendo seems to be the only company putting out something that really has something new and exciting. Fancy hardware is nice and everything but it doesn't make games good.
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