Anything north of $500 is a nonstarter.. there are TABLETS which will rival this in the next 3 years!! Also, choosing AMD as the processor-- REALLY?!?!? There are really expensive quad core 2.5ghz ARM processors in production. 3ghz is less then 3 years away. The ps4 will have to endure the better part of a decade for it's game makers to get any decent type of ROI, and that is if the game market were BOOMING!!
With specs like this, Microsoft can blow this out of the water easily and still come in at a lower pricetag.