It would be easy to condemn Paul, the reclusive York student selling his PlayStation 2 for £1,500, as a mercenary. Instead our ire should be directed at any idiot prepared to pay such a price.

Already someone in Britain has paid £2,000 for the new computer games console, recommended price £300. That was probably a wealthy but foolish parent caving in to their children's pester power. What does this teach them, other than greed is good?

Paul, on the other hand, is an entrepreneur. This time next year, as Del Boy always said, he could be a millionaire.