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"Refurbished" basically means some one bought the product, wasn't satisfied with it, returned it, and the company "fixed the problem" (if any) and is reselling it. Sometimes there never was a problem to begin with.
It's a 50/50 chance on whether not the piece of hardware is gonna perform.
The full definition of "refurbished" varies from company to company. I know some companies sell "refurbished monitors." Means that some white collar worker used it for a year, and upgraded to an LCD. Now you are buying the used monitor.
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Off the record, on the q.t., and very hush-hush.
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