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Pros
Pro Half the price/Comparable features
The Nintendo 2DS retails for $99.00, but can be purchased for slightly less in various retailers. As for features, the only real difference between the 2DS and the 3DS XL is the screen size and 3D display. Almost all other features are identical, with the 2DS even able to play older DS games.
Cons
Con Missing some features
The top screen of the device is not able to display any of the 3DS games in 3D (hence the 2DS name) which may make some games that heavily rely on 3D such as Super Mario 3D Land difficult to play. There is also only a mono speaker built into the device (though the headphone jack is stereo) as well as no way to fold the device as the shell is all a solid frame.