According to Chris Morris, of CNN/Money, we can expect the PS3 to retail for more than the Xbox 360 launched at. Another analyst, P.J. McNealy, suggested that the machine could actually retail for $700 USD. I highly doubt the machine will go for $700, but $500 doesn’t seem completely out of range. The PS3’s cost will be driven up due to the inclusion of a Blu-Ray drive. Of course there are plenty of consumers out there who would be willing to pay a premium for the PS3 since it will allow for high definition movies and gaming all in one box, unlike the Xbox 360. It’s all still up in the air though - but maybe we’ll know more by E3?

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