But that's in yen. The US dollar is so weak right now. I'm thinking they'll go for $350 just like WiiU. They matched 3DS launch price with Vita price, so I don't think they'll go higher. Plus there is more competition to worry about (Microsoft) with a console.
This goes for Microsoft too, but if they go higher price, if they stop used games, if they don't include backwards compatibility, if they don't allow all those digital game purchases to carry over, most of us will be going with the other console. Or stick to PC.
Personally, I don't see myself buying any new console in the next 2 years. I'll see how stuff pans out. I'm in sequel fatigue right now, so I don't care about any "new" sequel game coming out on a next gen system. Plenty of titles coming out this year on current gen. With a backlog of quality titles from last year.
I'll give Sony/Microsoft a little hint: The company that allows your gamerscore to transfer to the new console will get tons of early adopters.
I don't call it my backlog, I call it my video game collection.