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Has Microsoft won the console war with Sony? I don't think I would care to characterize it in that fashion, as the PS3 is still a strong console platform and a growing list of hit games. However, it's probably fair to say Microsoft is happy with the way things have turned out so far.

What is particularly impressive about Microsoft's overall console effort to date is the flexibility the company has shown in its design approach vs. the approach taken by Sony with the PS3. It needs to be pointed out that Microsoft is a software company by trade while Sony is a hardware company. One ...