This is one reason why cartridges and VHS was so expensive, even after the price of manufacturing dropped. One of the arguments put forth by the studios and developers was "Why pay 7.00 to see it once, when you can pay fifty dollars and see it forever, in the luxury and comfort of your own home?"
Well, it's thirty years later and that novelty has passed. How many people buy a movie or game brand new that they watch/play once a week for the rest of their lives? Maybe one out of 100 titles has that type of merit with the end user, but most people buy games and play them for the first few days or maybe even a week or two at best and then never touch them again?
I think to better ask the question "Do new games cost too much?", we have to weed out a couple of segments of the gaming community:
Believe it or not, I commonly hear "Games aren't expensive" the most from people that buy used games, budget titles, or wait for the games to hit forty dollars. In doing so, you're actively admitting that games are too expensive, otherwise why don't you just buy it when it comes out at full price? Next.
Of course, how many of us work for our own money and have to choose between gas, food and games? I have a sneaking suspicion that a lot of us posting in this thread are uh, taken care of by their parents and don't even buy their own games. No offense to you, but you have no business weighing in on this subject unless you are fully self-sufficient and buy your own games. Next.
For the guys that bought one 60.00 game last year because you absolutely couldn't wait for it to possibly end up cheaper, but rarely (if ever) buy a 60.00 title, your input is not needed either as you vote with your wallet.
So, for the guys that regularly buy full priced, 60.00 games, with your own money, do you feel you're paying too much?