3d0 was 800, cd-i was an awesome 1000, the neo geo was 650, but atleast you got a system that would be supported for the next 15 years, a 200 dollar game, 2 awesome controllers, and a memory card and new games released for as much as 350 dollars (most I ever spent was 150 for svc chaos) 

, on another notw, early vhs tapes were around 100 dollars, my parents have a copy of pinochhio with a 89.95 sticker still on the case

frankly the current prices of games aren't really that outrageous, snes games regularly ran 80 dollars, the high end genesis games ran as much as 100 dollars (granted this was only phantasy star 4 and virtua racing but still)

plus it isn't like games stay at that price or lose all resale value after purchase,  

 That's true, but I think only the 360 should have rolled out a Greatest Hits collection yet. 

For Wii, a lot of the older Nintendo titles are still selling very well - Super Paper Mario, Wario, Brain Academy even launch title - Legend of Zelda:TP are still in the top 200 (or even top 50) weekly.  RRR had a price drop  as has some other 3rd party, but for 1st party what would they put in the Greatest Collection? Excite Truck?

PS3 also has too few titles both worthy of a Greatest Collection and not selling well anymore but again, maybe by this holiday season. 

Fair enough. Howabout "Distribution of PC games on tangible media is a dying business? Is that better?

Anyway, it still comes down to basic notions of supply and demand. People are still buying Bioshock on the 360 for $60, and not for the PC, therefore the PC price drops while the 360 price remains. If the drop to $30 on the PC causes the sales for BS 360 to dry up, then it's price, too, will come down. It's the most basic of economic principles, one that explains most of the pricing irregularities in retail, and it is very much in the hands of the consumer. Why more people can't recognize this is beyond me.

I think that $60 dollars for a game that is only 8-10 hours long is bull. Take gears of War, I rented that game, played and beat it in one night. I was so relieved that I didn't buy it. Granted there is online multiplayer but some peopl (like myself) don't necessarily enjoy online (especially on Live because of the rampant 13 year racist potty mouths).
I did fully Enjoy Call of Duty 4 but it still isn't worth $60.

Part of the reason I went PC this generation is that I couldn't wrap my fricking head around $60 a game when PC titles were $10 cheaper. I know people argue about dev costs ect... but that still doesn't expain why CoD4 on the PC is 50 whil PS360 is $60. They are basically the same damn game AND you get the map pacls when they come out for free. WTF?

I don't think that the prices that we are paying for this generation's systems and games are unreasonable. almost every single product from gas and food to electronics are more expensive due to inflation. Increased cost for the manufacturer means an increased in price to the consumer. In 10 to twenty years it could be very possible to pay 80 or 100 US dollars for a video game.

Dude, I don't know if you've realized it yet, but Europe ALWAYS has had the worst end of the stick. If I lived in Europe, I would have imported an American Wii before the end of November and just imported all of my games.  For some reason, Japanese gaming companies seem to think that 5000 Yen = $50 US = £50.

Regarding the price of games time value of money is taken into consideration like Nazanatips had said $50 game in 2000 is worth $61.47 game in 2008.

What hopelessly overpriced store did you shop at?  The only N64 game that ever cost me $100 (and I bought most games new) was Hey You, Pikachu, because of the mic.  $60 was the very highest I saw any other N64 games for.

$100 N64 games no wonder N64 struggled to sell games and consoles.

Games are expensive, but only if you pay the RRP, i dont because i use offers and the internet, so i dont mind the prices!