Soundwave on 02 March 2015
The thing about the GameCube price as well is yes, while it was cheaper ... so were the competing systems.
The GCN was $99.99 to PS2/XBox being $179.99.
Factor in that the GameCube didn't play DVDs and most people felt the value was a wash.
That's why most people still chose the PS2 or even XBox ... you couldn't play DVDs or Grand Theft Auto 3 (among many other exclusives) topped off with Mario Sunshine/Wind Waker not being seen as crowd pleasing sequels to Mario 64/OoT, no GoldenEye/loss of Rare ... most people were willing to pay the extra $80 to get a PS2 or XBox.
If Nintendo could somehow have a $150 system today that was equivalent in horsepower (more or less) to a X1 ... they'd probably do quite well.
