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He was smug and arrogant, but I suspect he was making plenty of money from the company and wouldn’t destroy the company to rug only the people running an old version of his hardware. If it was deliberate, I’d expect he would have rugged everyone. Hanlon's razor is an adage or rule of thumb that states, "Never attribute to malice that which is adequately explained by stupidity." - or in this case, hubris and arrogance.