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Bottom line with all this, all the money invested or not, the whole point of a new system is to play new games, not replay the same old games. As always, there's no reason you can't also keep the old console for that purpose if it's so important.
I think that's the key, Bill, but there is a big reason why you can't keep it: You ain't got the cash for the new system. I think that's the crux of it. I bet a huge percentage of people (the majority, I'd imagine) want to trade-in their old systems and games to get the new system for a heavy discount. They might do it for economic reasons or maybe just because "I can't imagine having two systems--what would I do with the old one?" It'd make as much sense (to them) as having two cars for one person. So with this demographic, which I imagine is substantial, the question is just how desirable is it to have the option of playing your old games on the new system?
I imagine it's actually pretty high. These aren't rich people by and large. Each game you bought was a sacrifice, and nobody likes paying $60 for a new game and getting a $5 trade-in a few years later. That's where you probably get the most demand for it, I'm sure; poorer folks who have gradually built up a nice big library. It'd really suck for them to have to get rid of it all or do without the new system.
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