How reliable are these guys? That's a ridiculous price.
Yeah, the Verge is a reliable site. Bunch of people from Engadget and others broke off from AOL to go to VOX media, and started the Verge. Likewise, a bunch of people broke from Joystiq, Kotaku, and other sites, to form Polygon via VOX (formerly VOX Games / TheVerge.com/gaming).
-- mroe to the topic tho --
This is a legit story, but... it's also crazy. Crazy because I cannot see why people would buy this. I also don't think that the cell phone analogy works because the industries are different. Generally, phones have always been associated with service agreements, becuase you were tied to service contracts and -- in the old days -- phone numbers weren't transferable. A lot of that carried over to the cell phone industry and subsidized prices made sense because you were likely to already be under an agreement with the carrier.
With the 360, it's a consumer device, at least, ti seems like a consumer electronic device more like an appliance than a cell phone. To me, this sounds like financing your TV through your cable TV provider, or financing your washing machine through your municipal water company... It sounds crazy. Especially when the price works out
worse in the long run. This just seems so bizarre, also considering we're at the end of this generation and prices are going to go down, so who wants to lock themselves into a 2-year contract for aging hardware.. I just don't get it?
I'm really worried that this is an introduction to the future. That the next MS console will be $300 subsidized and $500 unsubsidized or something crazy.
$99 4gb at E3, or I'll eat my hat.
This story effectively kills any chance of that. Why buy a $99 360 and then finance $15/mo for 2 years, versus just ... buying a $99 360.