Come on you crazy funsters,
Lets be honest!! We all know that you get a PS2/XBox modded for the main purpose of playing copied games. I got a PS1 modded for that exact reason and I suspect that I was not the Lone Ranger in doing so. I don't doubt that there are some people who do it to legitimately play imports of games & DVD's and in some cases TV, but these people are BY FAR in the minority!!
As an example, a friend of mine just got his X-Box chip-modded, 200Gb HDD installed and the guy (Well-known retail outlet of which I will not name...) installed thirty popular recently released games (Of his choice from any of the games they in stock or on disk) all for $300.00
Even though this probably violates just about every copyright law ever written, who is going to turn down a deal like that considering that one new game can cost up to $100.00
I know if I had an X-Box or PS2 (Which I don't - I'm strictly a PC gamer these days and not every piece of software on my PC is legitimate either) I'd be running to the store with my $300.00 in hand!! So don't talk crap, everybody knows what's really going on and if you deny it you just kidding yourself!!
This is why console games do cost $100.00 each but who wouldn't take advantage?? Honestly... It's a "Catch 22" Don't want to pay $100.00 per game - Get console modded - Indirectly force up the future game costs.
I don't know what the answer is but all I can see is that game prices will continue to rise in the future...