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I don't think this will go anywhere. But they got so damn much money from so many foolish people that now they have to "put on a show" to try and come up with something.
I have no faith in the abilities of these people to come up with a mass-produced consumer product free from hardware/software problems and sell it at that price. Nor do I believe thay will attract the interest of "real" developers to gamble their resources on making titles for it.
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