I'll now more information in the next few days, but I'm halfway thinking of doing it. I have to figure out what my cut is going to be since I will be the financial backer in this endeavor. Do I go with 50% of the profits or just consider it a short term loan and have him pay me back with 20% interest? I'm not sure how much my brother thinks he should receive out of the deal yet. I think he's more of the mindset where he'll just pay me back the initial investment (maybe a small amount extra, after all, it was his idea). He doesn't quite grasp how the whole money stuff works. He just wants a lot, and quickly, and at no risk to him.
I've been reading around that Ebay has put the stops on some of the presale auctions but it doesn't sound like they will be doing that once they are actually available in stores. For you Ebay folk, would there be any reason why my brother wouldn't be able to sell these things on Ebay after the release date this week? I don't want to buy these things and then not sell them right away and have supply available which would lower the cost of ownership.
As far as exploiting the situation, isn't this capitalism at it's finest?
I'm figuring they'll sell for at least 2x the retail price and if things go the way he plans we'll have 3 or more them (as many as he can get his hands pretty much).
I'm seriously thinking about it after reading stories of last year's 360 goings on.