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Soundwave said:
Yeah I think so.

People don't realize inflation is a thing, the NES which launched in 1986 would be over $400 for the standard SKU inflation adjusted.

Expecting hardware to stay $200-$300 forever is simply not realistic, you can't buy a bag of chips or a Pepsi or a Big Mac for the same price today as you could in 1986, why do you expect video game consoles to stay the same price?

Pretty much this. The same applies to games as well. AAA games should honestly retail at 75$ by now.