xbox hedging

so, as explained to us in the line the other night - one kid new investment craze sweeping the kids of this nation is xbox hedging.

it works by predicting a shortage by the worst manufacturing planner in the world - microsoft. you do this by purchasing as many xbox 360's as you can through walmart, best buy etc and then reselling them on the internet - ebay etc - and in some cases at double the value.

click here to see current prices for xbox 360's

seller and buyers on the secondary market price seem to have settled in at $900 today (thursday) with either a game or game and controller. so they would have bought that for $399 for 360 and then $50 for game and $50 for controller.. so sellers have forked out $500 (and maybe tax in some states) and selling for $900.... at the moment.

at the moment, there is an auction finishing every few minutes.

the big risk is that the shortage rumors are all risk and that there is supply of xbox 360's next week.

good luck kids.

dig the smashing

the web has a way of bringin out the crazies.

now here's something interesting..

wow, all for purpose of social experimentation.

troy, your thoughts?

360h no!

its one thing to get an xbox360, but its another to get one that actually works. launch day reports are popping up all over the net (thats right, im talking "online via the internet") of overheating issues and hard drive crashes.

also, here is a flickr page documenting various crashes.

nish nish

there's nothing sketchier..

than forcing ravage xbox campers to purchase "service protection programs" as part of an exhorbinant (to being with) bundle. there are stories from all over the country of people paying over $600 for bundles which include service repair programs for the console and the games. just when you thought retail forced bundles were bad enough (worthless games and cheap accessories from a third party), it truly does get worse.

troy isnt the only one..

the web is filled with stories boasting of success or expressing their displeasure with their inability to land a green and white box. here is one particular encounter.

talk about taking the wind out of your sails

so after watching troy walk away in defeat i sit in my apartment with my xbox still in the bag. i have no desire to unpack it, install it, and tear apart gotham 3. thats no way to treat the hardcore.

i will get even

so after standing in the rain... until 12.42... and i was denied because apparently i didnt pre-buy over $100 of games...

anyway... i will get even.

Electronic boutique are going down... Mark my words.

Wet feet

I also stepped in a puddle... So feet are soaked.

Chad is making friends with...

Geeks...

Sounds bad comin from someone standing in line

Spec the psp graffiti campaign that everyone is talking about.

Checkin ID

Sooo funny... They are checkin ID's at the entrance...

(Getting Cold)Getting cold outside at we wait as non-trusted customers. The big question? Quake or call of duty? Please vote

A sign for the peeps

This goes out to the peeps in electronic boutique... Angst for the rain...

The tension

So that's only one person buying in there... The rest are 'official' staff.. We are bad for waiting in rain..but the geeks rule tonight

Full security

We are so rained on

We are soaked... Its 12.03am... Not cool electronic boutique

COLLEEN.. We know you are watching!!!!!!

1 min to go

They just let the bum out..

And they kept us locked out... Go figure

Tension builds...

Photos from inside the locked doors...

We are the the door

We are here. The place is locked. We are in position number 1 because we purchase so long ago. So good.

The line at gamestop on broadway

Ghetto

The line at gamestop

On our wway to see rival retailer in noho retail precinct called gamestop...gonna check out line

Rain on treo

There is rain everywhere... But wwe aint stopping... Leaving reservoir and on way to 'jump in'

Ea takes on golden tee

Troy tries to spell 360 with his hands

Georgey... Come down... Broadway and fourth... Then straight back to chad's for switch on... Don't miss this bitch

One hour to go. At the reservoir, which after 4 months, still sucks.

Sophie, chad misses you too

2/2 university and 11th. See you there.

1/2 1 hr 20 mins till go time. 4 rounds down at Old Tavern.. Actually, chad has just returned to table and said we need to go to the reservoir on

People With Xbox Clout Must Wait

According to a recent poster, who happens to be the president of a very powerful video game events company, not everyone gets a gratitious xbox direct from microsoft.

Troy tries to spell 360 with his hands

So it begins..

So the night begins.. This is chad talkin shop out front of old town tavern... Me thinks he is tryin to get gotham tips... Bitch ass

Last shot of the little guy

Last photo of old xbox... .. Little does he know I am going to pick up his replacement.

pre-order receipt was sweet

all messages yu post here will come through to us llllive.

its alive...

so we pre-ordered this back in 1998 and now its come time to pick it up... so we are geeking it up.

we are going to live blog the pick up night... direct from the treo... photos, thoughts, randoms....

dont tell your friends.

tonight is the night

we are ready. join us for audio and moblogging or join us at the eb on 3rd and bway to witness it live in the rain..

on my way home i passed the noho best buy where people have begun waiting outside the store for their morning on-sale. these brave soles will wait out the rain and the impending noreaster to get a hold of less than 20 (unconfirmed) units.

for shits and giggles, here is a copy of my pre-order receipt :)