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I think the industry needs to take chances on creating cheaper games but still try to make them seem big budget AAA. titles.
Sounds crazy but not all games need to be big budget AAA titles, I have fun with many $60 titles that I thought should have been sold at a cheaper price point. Sonic Generations, Prince Of Persia Reboot and the last SSX comes to mind.

I sometimes wonder how much profit do these publishers REALLY MAKE ??!!