Buster2000, on 31 Jan 2014 - 2:53 PM, said:
Games however have not.
There are two flaws in this argument.
The first is that they actually have, even when you adjust for inflation. The Sega Megadrive's RRP at launch was £189.99 in the UK and games from £19.99. Adjusted for inflation you're looking at £300 for the console and £32 for a game. The Playstation 4 on the other hand retails for £350 and the Xbox One at £430 - games on both systems are priced from £45, but often reach £60. Whilst the cost of the consoles might not have climbed massively - 16% and 43% respectively in this example it is still an increase. Games themselves have increased between 40% and 88% in price after adjustment for inflation.
Looking back through my old collection of games mags and most of the megadrive games were £40 with very few budget games making it under £20. Street Fighter 2 on the Snes was £70. Even in some of my Amiga mags from 1989 - 1992 most games were around the £35 mark (I paid £45 for monkey Island 2). And whilst the mega wiki does give the values you mention above I can vividly remmember walking into Dixons with £250 and leaving with the megadrive sonic pack and only a penny in change.
The Playstation 4 on the other hand retails for £350 and the Xbox One at £430 - games on both systems are priced from £45, but often reach £60.
I've never paid this much for an xbox 360 game. They have always cost me around £35. Even GTA5 on the day of release.