Here's why it's $40: because a lot of people are willing to pay $40. Not everyone, but a lot. They know this because of the unrivaled affection for the title since its original re-release. Ocarina of Time is worth $10 on the Virtual Console and despite myself owning the original N64 version, the GCN Master Quest disc, and the VC version, I therefore paid $10 for the actual game and $30 extra for the ability to play it with new graphics on a 3D handheld system. I was willing to pay that extra $30 because beyond the enhanced graphics and new features, I simply wanted to know what it was like to experience my favorite game of all time again, and in a totally new experience. Money sometimes isn't a question. I had the money to spend, and on Ocarina of Time 3D I happily did - because I knew within that package lied a cartridge that would unlock so much nostalgia.
I'm willing to spend what you'd consider extravagently priced because I have a certain trust in Nintendo. They are a company that continues to produce fantastic products again and again. They bust out classics left and right. Throughout the majority of my life, and the lives of several hundred million others if not more, Nintendo has been a huge influence. I see more kids wearing Mario and other Nintendo shirts than I see Disney anymore. Kids are especially excited for Nintendo games nowadays more so than much else; girls and boys. But I digress. Ocarina of Time 3D is an old game to many and a new to many more. If you're not willing to pay $40, then the ten kids behind you in line who have never played it before or are still young enough to be completely excited for every aspect of it as they had seen their older siblings do years before are certainly willing.
So why is it $40? Because they can profit off that price.
I'm willing to spend what you'd consider extravagently priced because I have a certain trust in Nintendo. They are a company that continues to produce fantastic products again and again. They bust out classics left and right. Throughout the majority of my life, and the lives of several hundred million others if not more, Nintendo has been a huge influence. I see more kids wearing Mario and other Nintendo shirts than I see Disney anymore. Kids are especially excited for Nintendo games nowadays more so than much else; girls and boys. But I digress. Ocarina of Time 3D is an old game to many and a new to many more. If you're not willing to pay $40, then the ten kids behind you in line who have never played it before or are still young enough to be completely excited for every aspect of it as they had seen their older siblings do years before are certainly willing.
So why is it $40? Because they can profit off that price.