We have a nice, fat update today, with lots of Halo 2 and Halo 3 stuff for you, including some interesting new art.
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The only problem with limiting multiplayer to 16 players is that large maps like Containment feel so empty, even when you've got 8-10 vehicles driving/flying/treading around. It's even worse if all the action is centered on one half of the map and you get killed, and thus are forced to make the long trek across the entire map.