PSP Launch Price'Unofficially announced' at the Tokyo Game Show, the launch price for the upcoming Playstation Portable is supposedly $349.
What a terrible marketing decision. If this system launches at $349, it will be DOA. $249 would be pushing it--$349 is absolutely outrageous. Hopefully this was just a trial balloon by Sony.
Ninendo has sold millions of Game Boys/Game Boy Advances not because the system is great--it's not, by any means--but because it is conveniently sized, inexpensive, and has excellent software support. That's the successful business model for portables.
$349 isn't even a successful launch price for a full-sized console anymore. $299 is the magic number.