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The most credible reports estimate a BoM (Bill of Manufacturing) at $470, and a price somewhere between $479-$549. I think they realize how cost is the #1 most important factor to winning the console war, and won't sell it for more than $499.No way it's 600. Ps3 bombed hard at that price
Still, keep in mind that by September, if adjusting for inflation, the launch price of the PS3 would be $~$775. That $599 price tag is more reasonable today.