Right, I think the problem with a lot of the economics-based analyses in this thread is that they rely on the assumption that Valve ought to, or wants to, sell the device at its market value.
replyHigh volume on low margin is an extremely good way to make money. It's very naive to think the easy way to get rich is to price gouge. It's actually often the worst.
replyTicketmaster does this, and they are still around.
replyThey are around because they control most of live venues and major bands don't care enough to fight. There are many ways to play steam games that don't involve buying nearly standard PC hardware at a premium.
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