I feel like screaming everytime I hear a Sony fan[boy] bang on about how the 360 is half the price of PS3 yet they compete and what would happen if they were the same price and bla bla bla. 

First it is not half the price.  Hardly anyone buys the arcade. 

Secondly, PS3 fans are the ones always going on about how the PS3 is greater value for money.  If it is greater value for money then of course its sales should compete even though it cost more.  For example look at the new 3 and 5 series BMWs.  Last gen here in the UK the 3 series were everywhere and almost like the most common car.  5 series were not very common.  Understandably as the 3 series looked much better.  This time around the 5 series looks much better and is the much better car in other ways.  It costs about £5,000 to £10,000 more (for the entry levels - at the top end the gap is even much bigger) but what has happened?  The 5 series sells way more than the 3 series.  Most people would rather pay the extra £5,000 to get the better car.  Random example but you get what I mean.  If a 360 Premium costs £170 and a PS3 £280 but the PS3 is the greatest value for money thing ever to grace the videogame industry (as Sony fans seem to indicate) people should be much more willing to pay the extra £110 for this amazing item.

Third who the hell cares which costs more?  Sony chose to make an expensive console.  They knew it would compete with the 360 when they were setting the price (they were probably too arrogant to think it would compete with Wii).  Will you people please come back to reality and stop imagining either a different PS3 or a PS3 as it is but for much less.  Neither of these scenarios is reality.  The first is not reality because the PS3 is out and it is what it is.  The second is not reality because the losses on a £170 PS3 would kill Sony. 

I feel like screaming everytime I hear a Sony fan[boy] bang on about how the 360 is half the price of PS3 yet they compete and what would happen if they were the same price and bla bla bla. 

First it is not half the price.  Hardly anyone buys the arcade. 

Secondly, PS3 fans are the ones always going on about how the PS3 is greater value for money.  If it is greater value for money then of course its sales should compete even though it cost more.  For example look at the new 3 and 5 series BMWs.  Last gen here in the UK the 3 series were everywhere and almost like the most common car.  5 series were not very common.  Understandably as the 3 series looked much better.  This time around the 5 series looks much better and is the much better car in other ways.  It costs about £5,000 to £10,000 more (for the entry levels - at the top end the gap is even much bigger) but what has happened?  The 5 series sells way more than the 3 series.  Most people would rather pay the extra £5,000 to get the better car.  Random example but you get what I mean.  If a 360 Premium costs £170 and a PS3 £280 but the PS3 is the greatest value for money thing ever to grace the videogame industry (as Sony fans seem to indicate) people should be much more willing to pay the extra £110 for this amazing item.

Third who the hell cares which costs more?  Sony chose to make an expensive console.  They knew it would compete with the 360 when they were setting the price (they were probably too arrogant to think it would compete with Wii).  Will you people please come back to reality and stop imagining either a different PS3 or a PS3 as it is but for much less.  Neither of these scenarios is reality.  The first is not reality because the PS3 is out and it is what it is.  The second is not reality because the losses on a £170 PS3 would kill Sony. 

Quality post.