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Infamy79 said:

First of all I don't understand why $55million is considered so unreasonable as a total budget cost, GTA4 cost $100 million, so why wouldn't another "AAA" title be a little over half that, especially when you consider it's time in development. There are a few excuses given here for trying to drop down the production cost which are laughable really. I'm going to address each one.

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Good points. People should also realise why Sony is not making any profit (yet) in their Playstation division, as the software isn't really bringing in the cash ("Africa" is/was another horrible money dump) to ofset hardware costs.