[quote name='BarrettSan']
Should we really still be seeing shortages six months into the system's life?[/quote]
In my opinion, yes. You have to remember that the 360s are brand new- new technology using new fabrication methods. They simply can't produce 2 million 360s a month. They just can't ramp up production to that capacity.
Actually, they can ramp it up, but they won't- no company in their right mind would. One of the biggest costs in producing manufactured goods is to choose an optimum level of production. Too much production capacity, and you have invested way too much into production facilities that will soon be in disuse when all the demand is satisfied and you still have huge capacity- a waste of money.
MS is doing what they can- releasing product as fast as they are produced using production capacity that isn't meant to immediately fulfill demand of over 5 million units (a random number that comes to my mind). Their other option was to stockpile millions of xbox 360s before releasing them to retail. I rather like their choice of selling whatever they have on hand, instead of waiting for a sizable stockpile.
I've read one economist's view on this that says that MS should have charged much more (closer to Christams ebay prices) for the initial run of xbox 360s and cut prices to approximate demand. But if I were MS (or any other company that makes products that require a certain level of critical mass before it can really start making money) I wouldn't have changed the pricing either. Sure, the shortage irritates and angers some people, but it's good for marketing.
Plus, if you REALLY wanted an xbox 360, we've all had ample opportunities now to get one- Pay an extra $50 on ebay (obviously it was much more earlier), get to bestbuy/circuit city/etc. on the day of shipment (I just did this last week and got one the evening of one of the shipment days), or stay in line for an awful long time (I did this too on launch day, ended up ebaying it).