I'm getting this on PC too, thankfully they haven't messed with the prices there, they know better with what state PC gaming is in atm.
I'm like the majority here, I won't budge over £40 for a game so I'd be miffed at that ridiculous price.
They reckon it's development costs, I think theres gotta be some BS somewhere in that, I mean don't get me wrong COD games are good but at the end of the day it's a level to level FPS, hardly on the same level as something like GTA is it?
Note: I am not comparing COD to GTA, I'm talking on a development scale.