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The new one is 8mb, which most seem to agree on. the PSX official memory cards were 8Kb per slot, which was 120Kb for most memory cards.
This means that the new one is 66 and 2/3 times as big, so if the original was £10, that puts the new one at £666.67!
That makes £25 seem reasonable doesn`t it!
Also, the Price of games, even in the High Street, are £39.99, and only in places like MVC they try and sell PS2 games for £44.99, so go for the High Street, and if you go into EB, then get there Loyalty Card, for only £2 it is well worth it if you visit regularly!
The truth is everything will be a lot of money, because they know people like us will have to pay it to get what we need, until 6 months time when the 3rd Party developers give Sony Official a run for there money, and as they will then have competition, they have no choice but to drop the price, but we still have to wait!