"Nobody knows how many people are new owners or upgrades, thus we cant separate them."
>This is at least worth a mention.
"And that's like 13 people in the world? It's such a minuscule amount of people who would skip a $300 device for a $60 device that plays 30 year old games."
>$60 is $240+ in savings though.
You're not really grasping how these things work.
Products with massive price differences do not compete against one another. They either are aimed at different markets or complement each other.
For example, a 32" 720p TV for $150 is not in competition with the $1000 70" 4K TV.
The person getting the small $150 TV was either never going to get the $1000 TV or something like they already have a nice, big TV for the entertainment room and are getting the $150 one for their kids bedroom.
The $150 TV did not steal a sale from the $1000 TV just like the $60 retro console with 30 predownlaoded games is not stealing sales from the $300 new console with $60 new games.
When the herd loses its way, the shepard must kill the bull that leads them astray.