Indeed they are.
We have yet to see if the market is receptive to high priced consoles after the first adopters aka fans.
All systems released in the last 2 years have proven that in the take of the economic crysis, consumers just arent willing to dish as much as they used to for a games console, especially with such viable options still in the 360 and PS3 aswell as a Wii U presumably with a price cut.
I believe both new next-gen consoles will take a nose-dive in sales past christmas, just like the Wii U did.