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Xen said:
Incredible waste of money...

Except that in ten years it will be worth a lot more than what he paid for it.  Value is not intrinsic, it's a social construct.  I watch that show Antiques Roadshow all the time, and you'd be SHOCKED how much stuff sells for.  If I showed you a broken old faded clock, and told you to pay me $50k for it, would that be a ripoff?  Seems like it would, and yet I saw a broken old faded clock on that show that was worth $275k.  There are fanatic people out there who collect every single thing imaginable, and something as rare as that game is in a section of the market that is only going to expand as the generations raised on video games grow up and get rich, which means that the value is only going to increase over time.