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Microsoft Offering $100 In Trade Credit For PS3 Toward Xbox One
Microsoft has begun a sales promotion for the Xbox One that will allow trade-ins of Xbox 360 S, Xbox 360 E and PS3 models for $100 in-store credit toward the purchase of an Xbox One. This offer is only valid in Microsoft stores in the US (and its territories) and Canada and ends Feb. 28, 2014.
The typical fine print applies. The system must not be password protected, damaged, or missing any original chargers and accessories to apply. Only one trade can be processed per purchase (so that means you can’t trade in your 360 and PS3 toward the same Xbox One).
The notable feature about this promotion is that $100 in store credit will allow the purchase of an Xbox One for the same price as the PlayStation 4. The caveat is that you lose access to the console that you had before, with all the games in the library that have been saved, and no backwards compatibility. Microsoft has said that there may be backwards compatibility in the future, but it would likely be an update through the cloud, and is still a long way out.
Microsoft has been pushing hard for sales in recent months, even reportedly paying reviewers to talk positively about the Xbox One. While this eventually blew over, press relations for Microsoft have been aggressive, trying hard to get people to accept the newest Xbox.