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I hope the rumor turns out to be wrong. If they will need another year to get WM7 out then it would be better to just stop the development now and leave the mobile space to others - a year from now WM will be just another Palm - no one will care anymore...
And after all, what incredible stuff could they possibly be doing to take this long, Apple and Google both developed and released their systems from scratch and Microsoft needs 4 years to do the real upgrade of their already existing OS, that is actually just an UI built on top of an allready released OS...
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