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Thank you all for your input.
It is v7 refurbished. It's the only reason I'm even considering it. The guy says it's not necessarily used just because it's refurbished. The only other ones available (new) are either v9 or v10. It's so hard to decide. :-)
If you open up the console to install a mod chip, it would kill the 6 month warranty, right? So, the warranty is meaningless as I plan to get it chipped as soon as I get it.
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