It is a decent deal, relative to the current price of PS4 Pro. But, the current price of the PS4 Pro is too high. It is about 2 years old now. I got mine for $340 within 2 months of launch. There is no way in hell I would pay $400 for one right now, even with a game.
With that said, I expect some good deals this Xmas season. So, a bundle like this, on a good sale, would be a good opportunity for people to upgrade or jump into the PS4 family.