Alright, so this one isn't exactly a shocker, but it is a little bit of honesty that's not often found when it comes to talking about the prices of new gadgets. Speaking with MCV, SCEE President Andrew House denied that R&D costs and retailer mark-ups were the reason behind the PSPgo's high price tag, saying instead that, "when you introduce a new piece of hardware you have the opportunity to say there is a certain premium that is associated with it, and we took that into account." So, in other words, Sony is charging $249 for the PSPgo because it can. Surprised? Now, about that price cut...

[Via Joystiq]