Xbox 360 pre-orders hit ebay

XBOX 360 pre-orders are already being sold on e-bay, with some reaching prices as high as $1,500.

It was only a matter of time before the obligatory new console price gouging began. And, with Microsoft itself predicting disappointment for many would-be buyers, it's no surprise that pre-ordered 360s could fetch such remarkable prices.

Microsoft's global release date idea means that there will be a shortage of 360s which will keep the console high in demand until at least after Yule.

While these auctions are being shut down rapidly, those of you interested in bidding on a 360 pre-order can get in touch with sellers here.

Of course, the world and its gaming mother are bemoaning the price bump but the fact is, if you're rich or dumb enough to spend $1,500 on a console, you are most certainly welcome to do so. µ