Is releasing a $400 plus console a bad Idea?

[kain_kusanagi]

I think the price of products goes something like this:

$100 Impulse buy
$200 Almost an impulse buy
$300 Must have long term value
$400 Needs to be a must buy
$500 Hard sell, will need to have both long term value and be a must buy
$600+ Wait for a price drop