$499 / $599 for a Playstation 3: No way!

Sony has announced that their next generation gaming system, the Playstation 3, will cost either $499 (for a 20GB hard drive) or $599 (for a 60GB hard drive). Sony plans to launch US sales Nov. 17--six days after the Japanese launch. According to News.com "Sony is committed to shipping 4 million PS3s by Dec. 31 and another 2 million by March 31, 2007." Sony is banking on people paying a premium above Microsoft's Xbox 360 (priced at $399 and $299) for the PS3's Blue-ray DVD technology.

Personally, I'll pass on Sony's new platform, and I think many average gamers and families will too. At $600 dollars, the PS3 is for serious Sony fanboys only. You can buy a mid-range PC for $600, and I think many people will make this comparison. Sorry Sony, I think the PS3 is way over priced for mass consumption.

By Bill Detwiler

Bill Detwiler is Editor in Chief of TechRepublic and the host of Cracking Open, CNET and TechRepublic's popular online show. Prior to joining TechRepublic in 2000, Bill was an IT manager, database administrator, and desktop support specialist in the ...