The Xbox 360 launch has been meet with mixed enthusiasm. While the console debuted mostly to yawns in Japan, the launch in North America was hectic: long lines, short supplies, and still thousands of people hoping for a post-Christmas miracle in the form of a New Year's Xbox 360 rush. The European launch was also strong. You might be inclined to think that the gaming industry is feeling good about itself right now, but according to the Wall Street Journal (sub. required) that's not really the case.
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