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Bluewing said:

Obviously one reason the price of the Playstation 3 is so high is because of Blu-ray. At 2013-2015 somewhere, the price will be significally cheaper, and they will focus on better GPU and RAM for the PS4. But still keeping reasonable price. I predict $399 at launch, $299 after some months.

Well the PS1 and PS2 launched at $300. With that said I expect the same for the PS4. And backwards compatibility for all previous Playstations wouldn't hurt sales.