Good perspective on things
The one thing that irks me about the prices is I feel a lot of people are simply trying to take advantage of new buyers. Some people who have been in the hobby have been, and continue to offer fair prices for games where as others are clearly smelling the green and are dying to have some uneducated buyer take the bait. The price cheer leading from uneducated buyers is also a problem, as it can further mislead people and ultimately inflate prices without it actually being a "supply and demand" scenario (which is what it SHOULD be if the price increases are, in fact, accurate).
Now to be fair, I price my games for sale maybe $100 - $200 over what I'm willing to take, but some of the asking prices seem to be to the tune of $800 - $1000 over what anyone who has studied the market would think is fair (and "fair" is really the keyword - not trying to imply that sellers should be giving these things away).
But yeah, we're beating a dead horse here - guilty as charged - but I seem to enjoy discussing it for whatever reason.
-BB