Amid reports of the high price for the PS3, some Sony fan boy created the above graph of all real prices of video games consoles (adjusted for inflation, which, by the way, he calls "relative"--now a real economic term).
He claims that the graph supports his theory that $500 and $600 are not high prices for a game system, however, anyone with half a brian can see otherwise. 9 consoles have lunched at $600 or above. 5 Of those 9, 5 of them were before the crash of '83, and were, in a lot of ways, responsible for the crash itself. 2 of them were the infamous neoGeo and 3DO, and we all know how well those turned out.
So, in other words, history proves that a $600 console is NOT a good idea.
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