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I'd say you got ripped off...but at least its 8000btu. I didn't pay much more for my portable 8000btu, and I only paid 50 for a 5000 and 70 for another 5000btu. That was a few years ago, mind you...
Oh, hey...they're meant to drip off out the back, afaik. You might have a "leak" spring up all of a sudden...
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