What a silly argument. So you personally don't like handhelds. Loads do, for the portability/ playing with friends factor. You can get a PS3 NOW for 249 euros, they were 600 at release. 250 for a brand new handheld with good gubbins inside, touch screen panel on the back (like it or not, personally I dont care for it) and…
They did drop a bomb. $250. Halo 2 announcement was a "bomb." Halo 3 announcement was exciting but expected. Halo 4 announcement, (after multiple Halo spin-offs) was inevitable.
Well, I had gotten used to that by now. We always get screwed when it comes to pricing; don't get me even started on Steam ;) Then again, 250 Euro at launch is not that bad. I never buy hardware at day 1 so I will wait a year until it has a solid games library.