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Gilgamesh said:

Wasn't the economy a hell of lot worst 6 years ago when the 7th gen started?

And really most people with a full time job can easily afford $500 if they tried saving up for a couple weeks. When I bought my PS3 it costed me over $700 with tax and one game a little after launch, I was getting paid almost minimum wage back then and I easily afforded it after saving for a couple weeks.

The post was already addressed, I just wanted to point out this huge misconception some people might have. Affordable =/= value perceived by the customer. Back then Sony got severely burned because of this misconception that occupied minds of high ranked management of SCE (you must remember "two jobs" quote). 6 (or 7 by the time of the release) years later it got worse, less money to waste in customer's wallet... and here we go again. God, I hope Sony learned the lesson, because some of it's fans surely didn't.