ps3 price: $399-599?

We all know by now that the playstation 3 is going to be a powerful machine, but how much will that powerful machine cost to the consumers?

There is no exact price yet, but reports have been flowing around the internet that it will be withing the suspected 399 to 599 range.

"According to the latest issue of Japanese magazine Toyo Keizai, Merrill Lynch Japan Securities has recently calculated an analysis that the production of a single PlayStation 3 console will cost Sony approximately 54,000 yen to make ($494), as of its initial release in 2006," but to keep up with microsoft's xbox 360 Sony might release it for $399 U.S. dollars