What im wondering is if the capability of downloading will be available at release. Thats the biggest pull for me, all the old school games. And if I have to keep waiting to download/replay Mario 64 or Super Smash Brothers and Goldeneye, im gonna be sorely disappointed.

Launch titles are misleading, the only Release title that "saved" a system is Halo and the XBox, others had great careers even without their launch titles.