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Pemalite said:
curl-6 said:

Is $450 really overpriced when the console standard for this gen was $500 to begin with and a base PS5 now costs $650 though?

The Switch 1's original price tag of $300 would cost $400 today adjusted for inflation, not much different from Switch 2.

People forget that consoles are targeting lower socio-economic demographics... The Playstation 5/Pro and Xbox Series X are already priced outside of that now, the Pro especially is really only appealing to more affluent individuals/homes.

In Nintendo's case it's even more sensitive as many households with children, parents will buy a console for each spawn/child for Christmas/Birthdays.
However Nintendo could (And SHOULD!) release cost-sensitive devices to appeal to those individuals with a Switch 2 Lite/Switch 2 TV console.

So yes, while prices remain favorable when accounting for inflation, have wages kept pace? If not, then consoles need to align to wages, not inflation... And that simply hasn't been the case.

Right now one of the cheapest ways to get into gaming is buying something like a cheap Dell Optiplex off ebay for $100 AUD and dropping in a Radeon 6600XT off ebay for $200-$250 AUD. 
And that never used to be the case.

Nintendo needs a value proposition that isn't the preceding Switch Lite... As does Sony.
Microsoft needs to cut the price of the Series S so it's actually cheap, especially if Gamepass can subsidize the hardware.

Or not. 

Nintendo and Sony don't control inflation and certainly not how much wages rise. At some point either you can afford it or you can't. 

There is a cheaper option for price sensitive consumers and parents of younger kids, they are called the Switch 1 and Switch Lite and they still play perfectly fine today. That's why I don't see a problem with those systems being continued to be made for another 3-4-5 years. A 6 or 7 year old doesn't need something as high end as a Switch 2, it's overkill.