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You do realize that the price and release date of the PS4 are already know, right? I'm not sure why you're asking if the PS4 will break people's wallets, or why you said it would be releasing in the next 2 years, rather than this holiday.

OP: Of course it's next gen. Anybody who argues otherwise doesn't know what the word "generation" means. Anyway, I believe the PS4 and Xbox One are supposed to be around 10x as powerful as their predecessors, whereas the WiiU is supposed to be about twice as powerful as those consoles. The Wii U won't be demolished visually like the Wii did last gen, but it will still be a significant portion behind.