450 quid for a console. Still a bit steep, isn't it? I mean, it's slightly more expensive than the PS3, and that didn't go down too well.
It was only in the UK that the PS3 was that cheap - in both the US and Europe it was 599 so 100 more than over there this time (and it was mainly in the US that everyone took the piss out of the price). Even then, it was 425 here, which after inflation since 2006 would now be worth 620 - if you want the argument based on wages instead of inflation, the min wage in the UK in 2006 when the PS3 came out was £5.35 so the 425 was 80 hours worth of min wage work, whereas the min wage now is 8.72 or 52 hours worth of work (or 8.20 fdor 21-24 year olds, or 55 hours). Its also the same price as the equivalent Xbox. And Sony are making a minor LOSS on each console - the console really is that advanced. It's only marginally more expensive than the PS4 after inflation (the PS4 would be 420ish after inflation) - and the PS4 was not as large a generational change compared to the PS3. Compare it to the latest Nvidia card the 3080 - whilst that is going to be more powerful than the PS4, it also costs 500 USD *alone*.
For reference, doing the comparison for the PS4 - the £350 compared to a 6.31 min wage leaves it as identical number of hours needed to work (55) for 21024, and fewer for the 25+ bracket. So more affordable (ignoring the wider Covid stuff). Also, the Xbox One, when released, was 499/450, because MS had the kinect with it, so it's the same price BEFORE inflation as that one.