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Numerous french websites are reporting that Sony France boss George Fornay has commented on a French radio staition that the PS3 pricing will be in between 499-599 Euro's, this equates to around $613 USD - However the pricing in USD is nothing to go on, it's just a currency conversion and it does not mean USA get a more expensive console for a change.
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The comments were made on French radio station Europe 1, and indicated that the PlayStation 3 will be available for “around €500 [$613], in the range of €499 to 599 [$612 to 734]”.
In the same interview, Fornay also confirmed that the PlayStation 3 would be launched in France, and presumably the rest of Europe, in November this year. He also repeated previous assertions that the delay of the console’s release (which in Europe actually saw its release date being brought forwards, thanks to the new policy of a simultaneous worldwide release) was due to last minute changes to the Blu-Ray format’s copy protection.
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Referring purely to the price, this isn't good news. If this is accurate, the PS3 will be out of reach for the people it will most appeal to which is bad business on Sony's part.