The reason I'm upset about not having dedicated servers:
Modern Warfare was the first COD game I got. I used to play game online, but that was back when dial-up was the norm and you had to call your friend's house to play. It was ok at best. When I started playing COD4 online with DSL, this was worlds different from what I've seen my brother-in-law play with his 360 or anything I had previously experienced with a pc. My favorite part about it was that I could go to the same server and play with the same group of people I've never seen or meet in real life. It is really the reason I ended up with the community (not clan) that I'm in now and have been for about 2 years. We have one WaW server and when there is no public around, about 4 to 6 of us will get in to the server and play just knifes or just pistols. Its really fun and give the game a change when its been out so long. I've played WaW and COD4 online multiple times with my brother-in-laws 360. He has DSL for a internet connection, but the game play just isn't the same. It feels slower and less entertaining and energetic (ever played 15v15 War on WaW with two good sides? Its nuts but exhilarating). I prefer much more to play online on the pc than any console any day of the week.