custom built gaming pc from early 2010,ps2 with 15 games all original,ps3 500gbs with 5 games all original,yamaha amp and 5.1channel surround sound speakers,46inch sony lcd smart tv.
So $299 for a PS3 is high compared to $299 for an Xbox 360?
That said, MS confirmed a $199 configuration is in the works, but it's not going to have the same features as the $299 configuration. The $199 version will likely omit a hard drive, maybe the WiFi, and a few of the accessories.
And, like people have said, there are rumors that the PS3 will drop in price soon.
It is only worth the money if you like video games. Otherwise, it is just a glorified 3D bluray player for $100 less than the next cheapest 3D bluray player...oh wait...it can still be worth the money if you don't like video games.