Comment $600 (Score 2, Insightful) 535
PS3 hit $600 for two reasons. First, Sony decided to make a super-system regardless of price. They needed their dvd format to try and force it to be the dominant format. They needed to create a totally new processor for their system which will end up driving their system into the ground before its potential is realized, because no one knows how to program for it. Second, Sony is making poor design decisions. The internal hard drive situation is awful.
As for if people will buy it, I have no doubt that at least a few older gamers will buy it, but the casual gaming market won't. I mean, if you had kis, and you wanted to buy them a system, do you go for the $750 system, controller, and game package, or the $275 one? Hell, if you had two kids, they could each have their own...and thats not to mention that people are more interested in the Wii anyway.
http://www.obscuregaming.com/