Thursday, November 16, 2006

So this morning I was listening to the local radio station and the topic of the hour was all about toys at Christmas. Tomorrow, the big seller of the day is the new Playstation 3 and apparently here in Windsor, there are line ups already in the hopes of getting their hands on the coveted game console.





These beauties have a retail value of $499.99 USD. Mind you they do have top notch blu ray optical technology in there as well as a built in hard drive, but seriously, can you imagine paying to put one of these under the tree this year for your kid?

People called in all morning informing us why they would, or wouldn't, pay for this item. There are even people who are heading out to try to purchase several of these units in the hopes of selling them on eBay for a high profit. A word to the wise for anyone looking to sell these on eBay. Read the following excerpt from Ebay.com before deciding to plunk down large amounts of cash for several units:



Sony PlayStation 3 and Nintendo Wii Pre-Sales.

These highly-anticipated video game consoles will be in extremely short
supply during their initial launch. During the launch of the similarly-released Microsoft Xbox 360, we saw a high number of well-intentioned sellers unable to meet their pre-sale obligations to buyers due to restricted supply, as well as an increase in fraudulent listings for these items. To prevent similar problems with these latest releases, the following restrictions have been placed on pre-sales for the PS3 and the Wii:

  1. Only one of each console can be listed per eBay account prior to the launch
    of the console.
  2. The seller must only accept payment through PayPal, and have at least 50
    feedback with a 98% or greater positive rating so that they qualify for
    PayPal Buyer Protection.
  3. The pre-sale item must be listed in the 3, 5, 7 or 10-day formats, and
    cannot use Buy It Now.
  4. The listing must include a photo of your pre-order receipt in the
    description.

And if my husband is reading this ... FORGET IT! The PS3 will not be under our tree this year!