Too much for me? Yes, I don't buy systems for more than about $350 (and I have yet to pickup a 360 although I plan to)
Too much for the market? Probably not, there will be some backlash but the first year sales or so will be your more dedicated customers that will pay those prices, plus if they launch at ~$500 (or more) Nintendo will most likely do nothing with their own price, launching lower might entice Nintendo to lower their price and take some of the wind out of the PS4/NextBox sales/sails :)








