Why I Love Having a PS3

Microsoft will increase the price of a subscription to its Xbox Live online gaming service later this year, it said Monday.
Via the Major Nelson blog, the Xbox 360 maker announced that a one-year Xbox Live account will now cost $60 instead of $50 effective November 1.
The prices of one- and six-month subscriptions will also increase, as will certain subscription plans in Canada, Mexico and the United Kingdom.
The fee increase comes as “no surprise” to Electronic Entertainment Design and Research analyst Jesse Divnich.
“When originally launched in 2002, a Gold subscription cost the same as an AAA video game, ($50)” he said in an email. “When taking into account for inflation… and the additional services available to Gold subscribers in 2010, such as ESPN, Facebook, Twitter, Netflix, Last.fm and Video Kinect, a $10 price increase still represents an incredible value to consumers.”