The problem isn't just the price tag. You need to look a bit further. It's that it's not worth the price tag; though, that is subjective. If I'm going to spend $300, it's going to be on something worth $300. The game selection now is extremely limited, and the hardware specs aren't impressive at all. Additionally, some people having it worse doesn't mean other people don't have it bad. Sure, it's $469 for you, and that's more expensive, but if $300 is expensive to someone, it's still expensive to them. They can't just generate the money to pay for it.