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The fact they did not reveal Kinect's price shows that Microsoft had no idea how the reactions to their Kinect presentation might be.

They were aware that reactions might be negative, so instead of already deciding on a certain price tag, they decided it was better to check out the reactions from the gamers and the mainstream media and then decide on the price.

I guess for us gamers that's good news, the negative reactions will make Microsoft lower Kinect's price. $189 should be off the table once and for all, and most people even say that $149 is way too much. I think it will be $99, that's the price most people say is the maximum they would pay, and it would indeed be a "competative price" as the Move bundle is $99 as well.