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It's an apple product, so I'm sure it'll sell for a lot more than $1000. Tablets are becoming the new thing, and I can't wait to have my own. I've got my eye on the Archos 9, or anything Archos tablet that comes after it.
The netflix thing is great, but I'm sorry to say that 360 users have the best way of viewing. They don't need the netflix disc like PS3 and Wii users do. Hopefully something will be done about that.