Let the Price Gouging Begin!

The XBox 360 launched in stores today. And it already looks to be this year's Cabbage Patch Kid. One quick look at eBay, and you can see the price gouging in action: BIN prices of $3500??! I surely hope that those auctions close with no bidders.

I wonder how much a lightly used (a.k.a., personally tested to ensure that it is defect free) unit would go for as Christmas nears and all stores remained out of stock???