Is the PS3 really overpriced?

If you spend any time at all discussing the next-gen consoles, someone is bound to bring up the idea that the PS3 is overpriced. But is that really the case? There’s no mistaking the fact that it’s expensive — too expensive, in fact for many people to afford. But of course that’s also true of the Xbox 360. It’s too bad that this generation of game consoles (with the exception of the Wii) seems to be out of reach of so many. I think this is a big reason why the portable systems and the PS2 are so popular. But is the PS3 really overpriced? (More after the jump.)
