Sony were unfortunate, trying to release the PS3 at that price into this market. Because if you actually look at what you buy, you're getting a smurfing incredible deal. But most people just think consoles have a set price range (Although nobody seems to question the quality of the massively underpriced Wii) and that there's no way a console could actually be worth more, even if a quick glance at the hardware shows it is. Edit: And when you account for inflation the PS1 cost about the same.

360 ftw, anyway.

Seriously, I'm not joking about that. Best purchase I made in 2006 imo. It's hard to see either of the new systems top it in any short period of time.