Wrong, when Blu Ray came out it was priced exactly where DVD was priced when it came out, same with Laser Disc, there is a precedent set that is broken, When Sony did it everyone **** upon them but when Nintendo does it oh well that's ok.
A brand new more powerful and state of the art computer costs a fraction of what the same computer cost a decade ago.
Every since the beginning of video games the market has had an acceptable price point for consoles, the software has fluctuated but the mainstream consoles have all been in a very similar place. Now with Xbox and PS people are willing to pay more because you GET more, all other stuff aside you still get a Blu Ray player, a 3D capable one at that, built in.