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SKMBlake said:
Inflation has no effect whatsoever on what people are willing to put in a console. 500$ is way too high

500 USD is way to cheap if you consider how inflation work form 2007. Do you want PS5 to be weak console ??? Everything cost money , and the price is reasonable, PS4 is too cheap with just 400 USD. 

Hell the problem with PS3 is expensive because their competitor can do the same thing with much more cheaper price, If Xbox One X is 500 USD and why not PS5 that will be 2,5 times stronger???