CONSOLE NEWS: Sony PS3 News

[TechZ]

Sony Computer Entertainment UK MD Ray Maguire has revealed that PlayStation 3 will retail for GBP 425 when it launches in the UK on November 17th, but has defended the price point as "a bargain" for consumers.

I don't think it's an expensive machine; I think actually, it's probably a cheap machine," he commented. "If you think a Blu-Ray player by itself might be GBP 600-700, and we're coming in at just GBP 425 - it's a bargain."

"The point is that most people don't realise what they're actually getting with PlayStation 3," he said. "Number one, it's a games machine and we all know that. But also it's a high definition video playback device through Blu-Ray, and a lot of people don't really understand that part of the functionality either. There's a big story to tell people and a lot of information to be taken on board."

[TechZ]

In the latest public blow against Sony's upcoming Playstation 3 console, the editor of the US Official Playstation Magazine, Dana Jongewaard, has admitted in her official blog that she won't be buying a PS3 on launch day thanks to the $600 price:

$600 might be worth it if there were several huge titles on the near horizon that were PS3-exclusive. But for the first year at least, there are very few big titles that are PS3 exclusive. GTA4 and Assassins will be available for the 360 at the same time. And most of the big guns--FFXIII, MGS4--won't be hitting for quite some time after the launch.

The other big reason for people to shell out $600, BluRay, is frankly something I don't care about. I have a crummy 12-year-old 21-inch very-non-hi-def TV sitting on my stand at home, and while we've been talking about upgrading it for the past three years, we always end up walking out of stores TV-less. And I don't buy movies; I rent non-BR discs from Netflix. Much like I've never been an audiophile--as long as I can hear it, I don't care if it's mono, stereo, 5.1, 7.1--I really don't care how high-res the picture is. My bottom line is that as long as it has color and is free from static, I'm good to go.

So ultimately, I can't justify it. $600 is a lot of money, especially when I can get what--for me at least--will be a very similar experience for $400. I would like to own a PS3, and I hope that the price drops soon so I can consider it. But until then, this Official PlayStation Magazine editor will have to join the dark side.