Would you like it if I said they were overcharging for it instead? Cause they’re charging for a high end toy and what you get, as a consumer, is a novelty that doesn’t work as well as it should.
and anything that costs less than 100 USD is a bargain.
Also, it's not fair to compare NES/SNES mini price with PS Classic, since majority games on PSC from third-party publishers. In addition, licenses for those games cost more than for games from 8bit/16bit era.