Game Informer recently had the chance to speak to Sony's Phil Harrison regarding a variety of issues in relation to the Playstation brand. Of good interest is his comments in reference to the pricing of the PS3. Harrison believes that the new price cut should combine with upcoming games to provide some solid market penetration. Harrison was also reminded that $500 dollars is still quite a bit of money to pay out for a games console, but he smugly replied that you get 'quite a bit of machine' for your money and to put things into perspect, some people camp out in the street to buy a phone of the same monetary value!

GI: How much do you think the price drop on the 60 GB model will help with the penetration in the market?

Harrison: It can only help. If you read what consumers are saying, people say, “We love the system, it’s just a little bit out of reach from a price point of view.” Combined with the games we’ve announced and the games that we’ve shown coming out for this holiday season, those two play very well together.

GI: But $500 is still quite a bit of money.

Harrison: The PS3 is quite a bit of machine. There’s a lot you get for your money. People were camping out in the streets to buy a $500 phone.

GI: Very true, but it’s a lot of things as well.

Harrison: I think the point I’m trying to make, and I think I’m being slightly unfair to Apple, but the point I’m trying to make is $500 – yes, it’s an investment – but you get a lot of value for it.

GI: And the iPhone doesn’t play Blu-ray.

Harrison: Correct. (laughs) You can’t get MotorStorm on the iPhone.