I'm guessing the PS4 will be $399 with games either staying the same or getting a bump to $69 (leaning towards staying the same though.)
They couldn't give me an XBone if they wanted to. I'm guessing either the same $399 as PS4 or $499. Of course, if they offer a subsidized option that will be lower. Probably $199 then.
Last gen, when the 360 dropped it was ahead of gaming PCs (in terms of graphics cards and such) but the cards they are using this gen aren't what a high end gaming PC can do.
The card equivalents of what they use are $200-250 dollar cards and obviously they aren't paying full price for those (ATI gets a cut of the profits on both boxes) and PS4 has a stronger card.
Long story short: Sony learned their lesson last gen with their pricing, XBone/PS4 don't have as comparatively strong specs compared to PCs as the 360 did when it came out. Prices shouldn't be too high, and the rumors have the PS4 at $399.

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