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Why not? The 7th gen versions SHOULD be inferior to the 8th gen versions.

Why would you expect a game on a console some 10 times more powerful than its previous gen counterpart to be the same? Whether it is graphics or just the scale of the game, the 8th gen version should be superior to the 7th gen version. That should be our expectation. If that is the case and the previous gen versions require less work to build, then they can charge slightly less for it. Although I imagine the lower pricing is more for competitive reasons, but in either case, they've got the right idea.