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Ruler said:

Yeah but the PS4 has Sony games so what is your point?

The 3DS launched at 250$ and even that was overpriced to many hence why they doped the price very early.
If this is a handheld and console hybrid why is it priced like a current gen console? Thats the main issue for many people. 

The point is that I like Nintendo games alot and generally don't love Sony games.  I also like motion controls alot, and I like portables.  So regardless of the graphics, I find the Switch a far better value proposition than the PS4.