Its just too much. 40$ is how much a real game costs a week after its release. The first two dlc's were also overpriced and have set an unfair precedent for the first actual expansion. I believe it should cost 19.99 and the dlc"$ 1&2 were worth 10$. I am shopping for something in the 30$ range. I am not "happy" at that pricepoint but I know who owns bungie so it is what it is.
Do you think TTK is worth 40$?
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That's a reasonable price to be honest, us Brits have got it worse. We have to pay £40 for ours, that's basically $62.45 :(