I bought my PS3 right after the price dropped. I still remember the commercial where I decided to buy it as I was set on just using the 360 for the gen.I’ve answered my own question. PS3 had to play catchup with Xbox 360, due to the 1 year head-start plus the superior online, but I wanted to know how the PS3 60GB fared. Copping the PS3 Day 1, it was a zoo purchasing it, sold out everywhere. Wasn’t researching sales then, I had no idea the system didn’t move at all in the US. Once Sony did the $100 price drop, then it’s started to sell very well.
The reason I’m bringing this up is Sony fans, me included, used to always bring up the $599 price point as a counterpoint to PS5 selling regardless, which is incorrect. After the specs reveal, I’m with you. It can’t follow MSFT’s price point when the Series X is clearly more powerful. PS5 Pro? Sure. $399 isn’t going to happen though.
$299 was the sweet spot and I bought it with Uncharted 1 and borrowed MGSIV from someone. Man those days. UC1 was great but man UC2 blew my mind at the time. Possibly one of the funnest console generations just for the nostalgia alone.
I think Sony is waiting for MSFT to announce their price and price it accordingly. As of right now, MSFT is marketing the Xbox aggressively and if it's the same price MSFT will market that 12TF! number hard even if it doesn't make a big difference to most people. Plus this is all theoretical we don't know what else Sony has up their sleeve for the PS5.