Was that a bundle? Some XBOXs in the US were sold in a package with 2 or 3 games and an extra controller, which of course made them cost a lot more than PS2, but the XBOX alone costs exactly the same as PS2 (US $299). Maybe they're just trying to cash in on the anticipation and the price will go down in a few weeks. Also, it only took a couple weeks here for the initial waiting-in-line frenzy to calm down.
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My karma ran over my dogma.
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