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Wman1996 said:

If they're going to keep doing this, I almost wonder if the whole "biggest generational leap" will happen, and the consoles will be $700 and up.
Might as well sell more games on PlayStation and Nintendo while selling less consoles overall but tailoring them to enthusiasts.
A $700-$800 Xbox 5 will likely be cheaper relative to specs of a PC rig of similar capability.
Halo will probably be one of the final current Xbox IPs to come to other consoles. Halo is the flagship Xbox IP, or at least the newly named Halo Studios is trying to make it that way again.

XBSS was reduced to as low at 150$ last holiday season, and it still sold worse than the Xbox One did. 700$ is more than 4x that. If a console at 150$ doesn't work, nothing will.