For all the doom and gloom we heard in October about the economy, it's nice to see that things are not as bad as they could be.
The videogame industry had an 18% increase in net revenue compared to October, 2007.
NPD, which tracks US sales of videogame-releated software and hardware pegged the total sales for the month at $1.3 billion.
Moral of the story: A brand new videogame might cost $60, but it's a far cheaper form of entertainment per hour of enjoyment than anything else. Play it for more than 12 hours and you've already saved money than had you have gone to the movies. Play it for 30, 40 or 50 hours and, well, now your'e talking only $1-2 per hour of entertainment. Keep on playing it and, well, it becomes cheaper than a depression-era trip to the playhouse.
That all said, if I was Sony, I'd come off that $399 pricetag for PS3 right-quick.