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@Dodece

Original source: http://www.nrf.com/modules.php?name=news&op=viewlive&sp_id=386

A better idea of holiday shopping with 7,000+ consumers, statistics, and charts here:
http://www.nrf.com/modules.php?name=Documents&op=viewlive&sp_id=678

There is more data if you search the original site.

Highlights from the pdf data:
- Total holiday spending is not decreasing.
- Most people planned to spend around $600 for just gifts for the holiday season 2007. (Gifts for family has the highest priority with over $400 planned.)
- Usually around half of the consumers polled already planned to buy books, CDs, DVDs, videos, and video games. (It is possible that video games may not even account for a fourth of the purchases in this category.)

I think this is a good hint that most people can afford home consoles if they really wanted to.

If money becomes an issue, it is more likely that consumers will pass up video games and settle for other less expensive alternatives such as books, CDs, DVDs, videos, etc.