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I will say though that if you look around the Web at other reactions to the Apple announcements today, you'll find many far more negative about it then I was.
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Jason, I thought your thoughts were very fair to the iPod and were rather astute. On the other hand, I think you are overly optimistic about the Zune's competitiveness and the strengths of its few advantages.
Most negative comments derive from solely an in-the-know techy, consumer perspective. I don't find it very relevant in the real marketplace. Most people buying a music player or mobile device in the next year aren't thinking dream features they haven't heard of; they are thinking: this has more than last year and is cheaper.
Hell, can you remember which of the 3-6 announcements/keynotes Apple has made each year over the last 8 years that was received by the majority of the press favorably? Has the marketplace reflected these "pannings" of "meh, boring" announcements?