Bigboi, the main issue with that is that personally, I have no need for a Blu-Ray player, at all. I have no HDTV, I have an ancient TV that get this: does not have AV ports. I wire video game systems through the VCR.
Now, as a person with ancient technology with a TV where DVD and VHS difference, while noticable, aren't something to worry about, why would I ever want a Blu-Ray player? If someone wanted to buy a Blu-Ray player, the PS3 is a cheap, great alternative with a video game system added in. However, to me, the PS3 is a video game system with an overpriced, useless addon I have no need for added in. The "it's cheap for a Blu-Ray player" argument is completely irrelevant if it's a useless feature for me.
I agree that some of the bashing is stupid, and a lot of it is misguided, but complaining about the price is a perfectly rational backlash because, frankly, the price IS overkill for a video game system, which is what they're primarily trying to say it is.