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@Genericrich: CGRectContainsPoint works in CocosLand because of the call 2 lines above:
[[Director sharedDirector] convertCoordinate:]
The Cocos2D objects will be using the OpenGL coordinate system, where 0,0 is the lower left, and UIKit coordinates (like where the touch happened) have 0,0 is upper left. convertCoordinate: is making the flip from UIKit to OpenGL for you.