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PS4 price leak

There have been some leaked rumors of the price for the PS4. PlayStation is saying they want to keep the price under $500. Murad Ahmed, a Technology Reporter from The Times, has claimed he has internal sources at Sony and has been told that the PS4 will released at about £300, more than £100 cheaper than the starting cost of its predecessor, the PlayStation 3. £300 translates to about $465.63 if you live in America, which is significantly less expensive than the $600 price tag that was originally attached to the PlayStation 3. However, $465.63 isn’t a very photogenic number, so we’ll probably see Sony knock the price down to $450.00 for advertising purposes.

Earlier this month, though, a Japanese newspaper called Asahi Shimbun placed the PS4’s purchase price at 40,000 yen, which is about $430. At the moment, there’s no way to tell which number is more accurate. So, just to be safe, you should probably plan on $465.63.

This has definitely got me excited. I remember I saved up my money for a year and a half for the first PS3 when it released. The total cost of my PS3 with a game was about $655 and that was just for the most basic model. It was another $100 added onto the higher memory consoles. The fact that Sony is purposely keeping the price under $500 says a lot about their views on why electronics are too expensive. If the next generation Xbox and Wii consoles are going to stay in competition with Sony, Microsoft and Nintendo will have to follow suit.

Question: Considering these prices are not confirmed by Sony, what are your thoughts on what the price should be?