Lightning is correct 100%, however that's not the major reason this will fail. It will fail for the same reason the 3DS failed - hardcore gamefly owing nuts like me still didn't want one. I figured the few hundred bucks would be better spent on iPhone games/not looking like a tool in public. But never mind, I'm just a 20-something who loves games, and has a PS3. Forget me.
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Love, Bobeta