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KeptoKnight said:

Yeah I can see that $400 would be the eye candy for both.  In terms of GPU power, do you see both consoles having 3x-4x the power of the Wii-U?

How much will the games cost? Still $59.99?

3 to 4 times the processing power is likely, and I think that most games will probably stay at $59.99 ...

I do think that it is possible that some companies may start launching games at $69.99 to see if the market will support the price. If I were to bet on the companies that would do this it would be publishers like EA and Activision, and they would mostly put this premium price on a big budget blockbuster (Call of Duty for example) that pushed the limits of what next generation consoles can do; and they would justify the price by pointing out that development costs were 2 to 4 times as large as previous generation titles to produce games with that level of detail.