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Saturday, December 02, 2006

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What I relish about the PS3 launch is that although prices briefly spiked to about $3000 on eBay, there were about 18,000 listings on the Saturday immediately after launch, and a $600 system plus an extra controller, plus a blu ray movie or two, plus 5 or 6 games, plus free shipping was going for about $1000. So if they spent a day standing in line they made less than minimum wage.

Today it looks like a $600 system with no extras is going for about $900 plus shipping. That is a modest profit, but it doesn't live up to the hype and the gold-rush mentality that accompanied it.

I guess I love watching a mass delusion come crashing down to reality.

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