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Playstation 3 Local Launch Imminent???

So recently I've been hearing a lot of rumors about the Playstation 3 launching officially in my corner of the globe. I'm really happy to hear this news and it's great news for all gamers here in my country, whether you prefer Xbox, Nintendo or Windows/PC -based gaming.

Why? It's a bit of recognition that games are a big deal, and the industry is here to stay.

The rumors I've read say that:
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