[citation][nom]Dave_69[/nom]Knock it down to $250 - $300 and I'll buy one. Otherwise it's just an over-glorified GPU without decent I/O devices.[/citation]
Actually the GPU is the LEAST impressive part of the PS3, and whats wrong with its I/O? Hdmi/hdmi audio, gigabit, wireless, support for 3rd party peripherals, eyetoy, bluray/DVD, media streaming...
The only thing i can think your saying is that its only useful as a supercomputer, and in this regard, i'll think you'll find its a bargain.
I don't think its overpriced, i think its just too expensive for a games console.