Kutaragi started out by reconfirming that the PS3 will be backwards-compatible with PlayStation and PlayStation 2 games and support high-definition TVs. He stated that standard TV's would be eventually replaced by HD TV's (hence compatibilty) and reinstated the use of Blu-ray Discs for the future.
Then he dropped a comment that Mr Iwata and Mr Miyamoto would definitely be proud of.
"I'm aware that with all these technologies, the PS3 can't be offered at a price that's targeted towards households. I think everyone can still buy it if they wanted to," said Kutaragi to a mostly Japanese crowd. "But we're aiming for consumers throughout the world. So we're going to have to do our best [in containing the price]."
In a somewhat ominous warning. "I'm not going to reveal its price today. I'm going to only say that it'll be expensive."
The rest of the meeting was concentrated on the PS3 technology and some of the new games, including Factor 5's new creation, Lair.
Maybe it's time to re-list the little brother on Ebay again, as well as the dog, the cat and possibly Grandma... Though it still may not be enough. (PALGN will not be held responsible for any greivances as a result of the sale of family members. - Ed).

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