Even if they look like fools it wouldn't change the fact people won't buy a PS3 till the $300 price strikes. Atleast I'm not, I already have a 360 I just wanted a blu-ray player and a few extra good games (MGS, Killzone) but mainly a blu-ray player. I figure a $300 PS3 is a much better value then a $200 stand alone blu-ray player but at $400 It's debatable.
It's just that simple.