Speaking at the CESA Developers Conference Hirokazu San, president of Enterbrain, said that PlayStation 3 software titles will retail for quite a lot more than the average PlayStation 2 title. He predicts that software titles for the next-generation console could retail for at least $70 and would not exceed $79.

But what's also shocking is that Xbox 360 software is expected to be in the same price range as the PS3. Crikey.

Ramzy Philip