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I pretty much agree with lamerking
except I personally don't think a 100 bucks more is that big of deal (for me it sure is going to be a problem to win sales but marketing close to launch can do a lot about that towards casual and people that watch a lot of TV movies)....
I actually find console/PC generally cheap compared to other devices like TVs, smartphone in regards of the tech they offer....
I'm actually impressed the PS4 is that cheap.... and while yeah the Kinect is probably around 150-200 to produce for MS.... it's probably more like a 400-500 piece of tech if you take in consideration R&D and compare it to other high end tracking tech produced by other market....