Today I'm reporting from a GameStop, where customers have been lined up since before the store opened to buy "Halo: Reach."

Halo - Reach

Analysts tell me that based on pre-sales and last night's turnout "Halo:Reach" is on track to be the biggest Halo game yet, selling some seven million copies by year-end.

Four thousand GameStops around the country plus four hundred Best Buy stores opened for the early-morning launch for the throngs buying the $60 game and the $150 special-edition version, replete with action figures.

The gamers here say that this is exactly the kind of event that gets them to spend: it's been three years since the last Halo game and momentum has been building since then.

This is a hit-driven business and when there are no "must-have" launches gamers simply stay home.

Halo's big launch comes after a disappointing August: video game sales sank 14 percent to their lowest level since 2006, according to NPD.

But now analysts are hoping that Halo ushers in a far healthier season of video game sales.

Halo is expected to have a Halo effect on sales at Best Buy and Game Stop, getting gamers excited to spend again.

And another couple big games due out this fall should help maintain momentum: next up Modern Warfare Black Opps from Activision Blizzard on November 9th.

Questions?  Comments?