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Sqrl said:

We have all heard this argument a dozen times by now.. "If the PS3 were $299 and the Wii were $499...." , "If the 360 was $249....", etc....

But really how relevant is any of that? The answer, as you may of guessed by my title, is 100% undeniably that this line of reasoning is complete and utter BS. 


 This is deceptive.

 You are answering the question "Why is ABC console not XYZ price?" not "Would the public buy ABC console at XYZ price" as your title would seem to indicate.

If one could realistically get the value of the PS3 for $299 dollars and the value of the Wii for only $499, the most likely outcome should be obvious.  That this situation is not possible (or at least highly unlikely) due to a number of factors is irrelevant to this argument. 

I agree that it is not relevant, but not that it is BS.