Let's get the ball rolling with some waffle form phoenix, shall we?
Joker, can you provide information as to how much money goes into developing a game, paying artists, programmers, etc, marketing costs, bribing journalists to come and give favourable previews of games and then the distribution costs of the games in question.
I think we need to ascertain just how much of a profit game developers and publishing houses are making before we lay into them. ;-) [Not trying to picj a fight, just wanting to clear things up, you see,]
I do know that the reason console games tend to be more costly than their pc counterparts is because developers have to pay the likes of Microsoft, Nintendo and
SONY royalties.
As for weening ourselves off our gaming addiction, I am not sure that I could go without games altogether. What I would probably do if I thought that my boycotting new game releases [which I do anyway] would make a difference would be to revisit old favourites and poke around for free games or relatively inexpensive games on the internet.Granted, many of these don't have the spectacular graphics of some many commercial games, but that is only part of what makes my gaming experience pleasurable.Had I a credit card I would probably have bought and downloaded few Popcap games by now, but their java equivalents aren't bad.They're also free to play.
Finally a debate..lol!!
You can't offend me dude,this is what this thread was made for

I am currently doing research into the topic but I can tell you that the gaming industry is expected to reach 68 billion dollars by 2012
It'll basically triple in the next 3 years, and that when the rest of the world is suffering from a global economic meltdown!!
"Analyst Anita Frazier for the research organization revealed some rather interesting statistics throughout the presentation, one of the most striking of just how many gamers are out there now: turns out this year we've got 61 percent more than we did last. Interestingly, 58 percent of the U.S. population from 13 and up plays video games, this keeping in mind people spend more on games than any other entertainment medium (27 percent)"
Gaming industry rakes in more than 20 Billion in 2008
It’s hard to tell from all the closures, layoffs and other bad financial info we talk about all day but according to research firm NPD Group, the video game industry pulled down huge profits in 2008.
According to NPD’s stats, computer, video game and peripheral sales added up to $21 billion in 2008 with entertainment software comprising up to $11.7 billion of that. That’s a jump of more than 23 percent from 2007, although it probably does little to console the numerous people in the industry that lost jobs recently.
Also interesting to note is that more than half of those software sales are considered “family-friendly†titles rated Everyone 10 and under by the Entertainment Software Ratings Board. Teen-rated games made up 26.7 percent of sales and mature-rated games accounted for 15.9 percent of sales.
Nintendo, which has been working to corner the family and casual market with its Wii home console and DS portable system, has to like looking at those numbers. Make no mistake, the most familiar and typically well-received mature franchises are still doing just fine. Grand Theft Auto IV and Call of Duty:World at War were among 2008’s best sellers.
Software sales on consoles amounted to $8.9 billion, selling 189 million units. PC games sold $701 million worth, moving 29.1 million units and portables earned an impressive $2.1 billion by selling 79.5 million units.
In further analyzing the numbers, NPD Group’s stats show that the rich are getting richer. In the NPD report, industry analyst Anita Frazier said when this console generation launched in 2005, the top 20 games of the year sales wise made up 9 percent of overall sales. In 2008, the top 20games accounted for 15 percent
This artical is also a good read.
http://www.videobusiness.com/article/CA6631456.html
So even though they are closing down plants and people in the gaming industry are losing their jobs. I qoute"The rich are getting richer"