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TWRoO said:
Clearly it isn't.

Price is not the sum of it's components... I have said this before. The price should be put at whatever point customers are willing to pay for. So the Wii is priced perfectly.

The DS is somewhere between N64 and Dreamcast graphically, should it be priced at $20?

The PSP is about as powerful as a PS2, should it have a price cut?

The PS2 is less powerful than the GameCube and Xbox were.... so why was it's price higher?

 

 Goes without saying, but I don't think that is what the OP was asking.

Price of the Wii has actually gone UP a couple of months ago in the UK...Of course they can sell it for what they like cos it's so popular etc. I'm quite sure everyone is aware of this! But we are being ripped off. ;)

Cost to produce it is so small, it's not like they are clawing back the costs of R&D like say Intel\AMD where a chip might cost to a consumer around 50x the cost of production. Nintendo are just exploiting you all and you're all happy about it...Good for everyone I guess in a kinda retarded way. But I don't own a Wii, I don't think it's worth it :) I think a PS3 represents better value.