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Merrill Lynch said game consoles will likely eventually edge out PCs as the dominant home computing system...
...It strikes us as more likely that either (1) the game console will move up market to become the leading entertainment device or (2) a new system we dub the entertainment server will be created...
... Apple Computer seems a likely candidate to build an entertainment server based on its iPod, iTunes, iPhoto, iDVD and AirPort Express products.