"Used" PS3 Store Price Hits $1,200 In Japan

So the PS3 fleecing begins. "Used" (with "used" meaning "never opened") PLAYSTATION 3s are appearing around Tokyo and Osaka. The original launch prices ballparked between 58,900 yen and 70,000 yen for the high end machine, while the cheaper version went for between 49,000 yen and 55,000 yen. Reader Ryan reports that he saw 60gig versions going for 110,000 yen (US $938), and the 20gig going for twice its retail price.

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