Because nobody wants these things, sellers like this one are offering it for less than the actual price. If you count tax, you're saving about $70 over what you'd pay in stores. Of course, you don't have the return policy and you can't buy a warranty on it, but if you want a PS3 cheap, now you know where to go. Personally we'd wait for Costco's amazing return policy and buy it there. – Jason Chen

Craigslist

According to the Hamilton Spectator, these scalpers are having a tough time selling the PS3s for their asking price of $1,000 to $2,000, even during Christmas. Thus, they can either open the boxes up and enjoy it themselves, or return it to stores before their return period expires. Most are choosing the latter. Excuse us if we're not crying on behalf of the scalpers. – Jason Chen

Scalpers returning PS3s to stores [Hamilton Spectator via Kotaku]

The buyer wanted to see what was in the box, but the seller "balked" and asked "What, don't you trust me?" The non-retarded answer would have been "no", but the two swapped anyway. After the cash exchanged hands, the sellers ran off to their SUV and sped through a red light, and the buyer discovered he was holding a PS3 box with some magazines, floor tiles, and a PS2 controller.

Lessons learned: don't hold Craigslist deals at McDonalds, and always see the merchandise first. Especially when someone pulls the "what, you don't trust me?" – Jason Chen

San Jose man victim of PlayStation scam [Mercury News via Kotaku]

This auction is being listed to help raise money for me to pay my medical school tuition. I waited on line at Wal-mart for over 57 hours. I was even there a whole day before anyone else arrived. I was first in line and when all the PS3's were finally released to the public, I bought everything they had available and therefore, THIS IS THE ULTIMATE PS3 AUCTION! I haven't seen a bigger PS3 auction on eBay yet!

Unfortunately for him, eBay's taken down his auction. Unfortunately for everyone else, he'll no doubt scam enough money to pay for his education, after which he'll become your local doctor. – Jason Chen

Douchebag PS3 Auction of the Day [Kotaku]

William J. Robertson, 20, and Andrew Patnaude, 17, were arrested about 4 a.m. on several charges including attempted murder and robbery.

The victim? Even after being blasted by a shotgun, his "only concern was getting those Playstation 3s." It's a shame that he only wanted the PlayStations 3 to scalp later. – Jason Chen

PS3 Shooting Victim Has no Regrets [Telegram via Kotaku]