Keiji Inafune, (Head of Capcom R&D) seems to think otherwise.
http://news.spong.com/detail/editorial.jsp?eid=10109620&cid=&tid=&pid=&plid=&page=3&cb=694
So for the Xbox 360, what I really like about the hardware is, in my mind at least, it is basically perfect for developers. It's based on PC architecture, its extremely easy to develop for, it just works really well.
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