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At the pre-TGS press briefing, Microsoft confirmed that the Xbox 360 will be region locked for both games and DVD movie playback, meaning that you can't play games or watch DVD movies from another region other than the one your Xbox 360 is locked to.
Although the Xbox 360 is being marketed as a global brand, Microsoft has decided to lock the console in regions just like they did with the Xbox. It remains to be seen if Sony will do the same with the PlayStation 3.
here is the link: http://news.teamxbox.com/xbox/9263/X...Region-Locked/