I've been saying this for months, but again, don't be surprised if the NX has a different pricing model than you're used to on consoles. Like I've said, I wouldn't be surprised if Nintendo copied Apple and made the console payable with incremental payments. They can allow people to pay $200, and then do the rest in small increments each month. Heck. They can just let you pay like $20 a month for two years with no down payment.
Iwata mentioned something like this could happen. Don't expect price to be an issue with NX.
The thing with Smartphones being subsidized is that the monthly charge is just added to your already existing phone bill so its kinda covered up in a sense without people really putting too much thought into it.
For it to work with a gaming console, I feel like it would need to be hidden behind another type of service.
When the herd loses its way, the shepard must kill the bull that leads them astray.