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a.l.e.x59 said:
Don't forget shipping charges. Don't forget custom charges. Don't forget that the PS3s that sell for that amount could have been sold by scam artists. Don't forget that when sellers end their listings early, and you look at the list of completed search results, it would appear that the item sold for the amount it remained just before the auction got cancelled. Don't forget that sometimes, if the item sold for too low, the seller may refuse to ship the item, and just relist it. Don't forget that the PS3 could be used. Don't forget that the PS3 could be broken. Don't forget that the PS3 could be 20 GB. Don't forget that the amount could be in U.K Pounds, Euros, or another currency, better than that of the U.S. dollar, or Canadian dollar.

1. shipping charges. They are included in the $500 I was talking about, or they balance out with taxes you would pay.

2. custom charges. Ok these are sales ffrom US to US so it doesnt apply

3. scam artists. Yeah, you are right Ebays whole business, this $46 billion company survives on scam artists.

4. could be 20gb. Nope, they are 60gb (20 go for far less)

5. could be used. Nope they are new (used go for far less)

The point is and it is not hard to see. Demand is dropping for the PS3. Sales keep dropping on a month by month basis WW. It was selling for over $3,000 on Ebay (this is strong demand and people not affraid to buy it off of Ebay) when it was first released, has been steadily dropping, now it is selling for about $500. It doesnt matter what some people think about Ebay but if there is not a strong enough demand to push the system to over $500. Then there will not be a strong increase in demand for it at a price drop to $500. They were plenty of people willing to pay thousands when they came out, I know I bought 2 on launch and sold one for $2,000 on Ebay. 

Yes I know some people would not do purchases like this on Ebay, but there are plenty of people who will.