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Zach808 said:

If Microsoft can get away with launching a less $500 console with a good chunk of that price going towards a useless camera with a ton of backlash after the reveal and still sell a lot of units, Sony should be just fine at $500 provided they don't have an even worse PR disaster. If they put all of that cost towards raw power and have a lot of games to show for it, the console will do well.  $500 in 2018 is not $600 in 2006.

Seriously, the launch Xbox One was such a huge ripoff that I'm still amazed they pulled off 2nd place.

It’s got outsold by 4:1 during the first months worldwide...they dropped Kinect and price to get back on track.

I say 500 would be fine, provided they have some real blockbusters ready at launch. GT7 and Horizon 2, for example...and backwards compatibility to PS4 of course. Plus an UHD drive. Then it would be a perfectly good price.