iTunes Pricing Rises to $1.29 For Popular Songs

Say goodbye to the 99 cent song: Apple has raised prices on iTunes' popular songs to $1.29. While it's merely a 30 cent rise, I still have to think the same thing I did about Netflix's price increase for Blu-ray rentals: not the best time to do this, guys.

Of course, it's not all bad news — the $1.29 pricing reflects the new three-tier pricing scale, meaning there are now 69 cent songs, the old faithful 99 cent songs, and the $1.29 songs. The 69 cent songs are for "older catalog" songs, though I have yet to come across one.

What do you think of the new three-tier system?