If either XM or Sirius were doing that well, they wouldn't be seeking merger. The numbers these companies quote include new car sales. In other words the free three month subscriptions. Both satellite companies are in serious (not a pun) trouble. I know of more than a few ex sat employees who have jumped ship before they are fired should the merger be approved. Satellite has been on the market for over 7 years and neither ne is anywhere near breaking even. They are bleeding a great deal of money with no sign of it ending anytime soon. That 350,000 units mentioned is up from 45,000 or so sold the year before. It amazes me that that little tidbit was left out of the argument. Hey, I have a satellite radio in my car, but guess what, I didn't buy a satellite radio, I bought a car which came with this device (and which I chose not to renew my subscription to keep said device operating). As to the rest of his artical and opinion may I quote Aerosmith when I say, Dream On.