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Chips aren’t improving like they used to, and it’s killing game console price cuts
(arstechnica.com)
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The OG Xbox got cut down to at least $150 from $300. My memory tells me that every console of that era was eventually cut to $100, but I found $150 with a very quick search. The PS3 slim was cut down to at least $300 from an entry price of $500. I don't know how you call that small.