Honestly? It's going to be up to the games.
Clearly, Lockhart dosen't have either the power or innovation going for it. It's just beefed up XBox One in the eyes of the consumer. But if MS (finally) manages to have some excellent(not good, not great, it needs to be excellent) first party lineup, then yeah, the price will start speaking louder, specially with the gigantic economy crash comming up.
In the eyes of the consumer, it's probably more or a next-gen console for half the price. Most players and parents don't know much about specs.
The Nintendo eShop rating Thread: http://gamrconnect.vgchartz.com/thread.php?id=237454