Want a PS3? Better Start a Savings Plan

A recent report indicates that the PS3, expected to launch in 2006, might likely have a starting price of USD$500. Otaku gamers are preparing by continuing to not date.

"An annual report into the games industry published by Wedbrush Morgan Securities has suggested that added media functions in PlayStation 3 could push its launch price up to $500, alienating many consumers in the process. The 144-page report, titled The Definition of Insanity: Why The Next Console Cycle Will Start Off With A Whimper, was authored by industry analysts Michael Pachter and Edward Woo, and is a largely positive look at the future of the games industry which projects strong growth over the coming years in most sectors."

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