The next generation finally came out but many people are not happy with the price of PS3 Cheap.
The PlayStation 3 is going to start at $500 and $600 for the recent future. It is not just a simple one time hardware cost. In order to get the most out of a PS3 cheap you will need to invest in a HDTV and those start around $500 for a decent set that is going to last you and get your money's worth.

Sony is now asking a gamer who probably paid $200 for a PS2 and played it on a $150 TV to spend around $1200 on a PS3 cheap and a HDTV. I know a lot of gamers and consumers already have an HDTV but it will be years before people stop making, buying and using standard TVs. I understand that the PS3 cheap has some serious graphics hardware that can deliver incredible graphics on in high resolution but if you look at the $600 NeoGeo home system as a reference just having the better graphics is not necessarily a guarantee of total market success and accessibility to the average casual game consumer. I have a hard time seeing the PlayStation 3 and HDTV become as PS3 cheap and assessable to gamers and casual video game consumers in the first and most crucial half of it's market lifespan.
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Continued; PS3 Cheap


There are some other options that are better then PS3 Cheap
Sony does have a video game system on the market that has a relativity accessible $200/250 entry in the marketplace and games ranging from $20 to $40 new on average. I have a feeling that having a second game system on the market that could deliver accessible relatively inexpensive games gave Sony the cajones to make a $600 game system that needs a HDTV. The only thing you really need to upgrade and enhance your PSP game playing experience is to get a decent set of headphones, a lunchbox, and a comfy place to sit. The PSP graphic system is hands down the most powerful handheld and can deliver great PS2 level graphics 3d graphics. Sony might want to make a hardware revision and make an updated PSP with a smaller form factor, faster UMD drive, better battery life and a more scratch resistant screen. This could extend the market life of the PSP and re-invigorate the system. Just look at how it has worked out for Nintendo. You don't need a TV or a HDTV to enjoy a PSP and handheld games systems can be accessible to casual gamers that don't want to be tied down to a single home location. I see good things for the PSP and have no doubt that Sony is working on a next generation PSP. I think that parents looking at a videogame system for their kids and potential gamers might find the PSP much lower price point easier to handle than the massive duckets you need for a PS3 cheap.
Ultimately I believe the PSP has a much greater chance of becoming a universally accessible mass gaming platform than the monstrosity that is the PS3 cheap. Of course I am a bit biased because I did help write a freaking book about the PSP.