Wii Price is High by Historical Standards

October 17, 2006 at 8:19 am (Cool News)

Console Pricing:

Playstation 2:
* US$299.99 (October 26, 2000, Launch Price)
* US$199.99 (May 14, 2002)
* US$179.99 (May 13, 2003)
* US$149.99 (May 11, 2004)
* US$129.99 (April 20, 2006)

Xbox:
* US$299 (November 15, 2001, Launch Price)
* US$199 (May 15, 2002)
* US$179 (May 14, 2003)
* US$149 (March 29, 2004)

Gamecube:
* US$199.99 (November 18, 2001, Launch Price)
* US$149.99 (May 13, 2002)
* US$99.99 (September 25, 2003)

This trend doesn’t really surprise me, but its useful to take a gander at. It is very similar to the situation coming up. The console with the year head start did not bring down its price. Also, looking further into Nintendo:

Nintendo 64 at launch cost 199.99.
Super Nintendo at launch cost 199.99.
Nintendo Entertainment System (NES) at launch cost 199.99.

This is very interesting. Now I am under the assumption that The Nintendo Wii is esentially an overclocked Gamecube. Now I am not entirely sure of the production costs, but I am having trouble understanding why did Nintendo end their 20 year tradition of selling their consoles for under 200 dollars? They said they had millions of consoles (some are speculating 9,000,000+!). I mean, the lower end Xbox 360 is selling for 299.99, and 50 dollars is really not as big as a difference. Also, Nintendo hit some MAJOR competition with the Gamecube:

Gamecube:
Units sold 21 million (June 2006)

Xbox:
Units sold 24 million

Playstation 2:
Units sold 106.23 million worldwide

In fact, judging from these sales and numbers, it would make sense selling it for under 200 dollars and keeping the Nintendo tradition alive. Poor Gamecube had to cut down their prices to a mere 99.99. A sub-100 price for a console has NEVER been done prior to a release of its successor.

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High Speed Parallel Parking Video

October 6, 2006 at 8:49 am (Cool Site)

This guy is awesome

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Nuclear Buffet

October 3, 2006 at 12:40 pm (Cool News)

http://news.yahoo.com/s/usatoday/20061003/cm_usatoday/mrbuffettgoestowashington;_ylt=AswIC3wnbduvQIZtsdxstiPSos4F;_ylu=X3oDMTA3YWFzYnA2BHNlYwM3NDI-

Bravo Warren Buffet for creating a nuclear fuel bank and saving the world.

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Organic Bread Recipe

September 26, 2006 at 10:28 am (Cool Site)

http://frogblog-lavache.blogspot.com/2006/03/recette-pain-de-campagne-country-style.html

Here’s a great reciepe for baking your own organic bread using dough from a chef you’ve created.  I want one though using wild yeast.

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Mars face debunked

September 22, 2006 at 1:11 pm (Cool Site)

Apparently this is old news, but I hadn’t heard:

Uh? The “face on mars” only looks like a face on the 1976 Viking’s photographs. There has been numerous pictures of this region at higher resolution ever since :

http://en.wikipedia.org/wiki/Face_on_mars [wikipedia.org]

I remember the 1998 Mars Surveyor pictures. I wasn’t a surprise, but who can say honestly that he was not a bit disapointed ? 😉

I can honestly say that I’m disappointed. 

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The Price is WRONG

September 21, 2006 at 8:16 am (Thought Provoking)

http://www.endofmedia.com/?p=33#more-33

Fantastic rant critisizing “the customer is always right”.  The customer knows what they want, but chooses not to see the consequences of demanding faster, better and cheaper.

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Go jump off a bridge

September 20, 2006 at 8:51 am (Fun Link)

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Encourage Your Kids to Collect

September 18, 2006 at 10:54 am (Cool Site)

http://www.bankrate.com/brm/news/pf/20060911a1.asp

Neat article on why kids should collect things.  In short, it helps them understand value and manage wealth later in life.

Having a collection of something — baseball cards, coins, comic books or, yes, even rocks or stickers — helps children and teens learn important math and money skills. In a time when the financial literacy of children is dangerously low, collecting is a hobby worth encouraging.

Bryan Lee, a Certified Financial Planner in Plano, Texas, says that going from collecting to understanding financial matters is natural. “Things that were complicated to some people came easier to me because of my experience collecting baseball cards,” says Lee. 

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Great map showing which states have the most websites

September 15, 2006 at 11:50 am (Cool Site)

Websites Density MapClick here to read the post about this from Alexa.com

The most disproportionate are California, Washington, Michigan, Wisconsin (huh?), Hawaii and DC.  The map is a little bogus because it skews the states by area vs. population and it stands to reason that number of websites would be more closely ties to population and area.  But some of the most populous states aren’t huge (NY, TX and IL).  It’s still a neat map though.

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