Yes. Straight from E3, The Xbox One is 500 dollars.
Many have immediately vented their anger at Microsoft for the crazy price tag. A smaller amount have been quick to point out that it’s still 100 dollars cheaper than the PS3 was when it was announced.
Considering the potential of the pure hardware, maybe 500 dollars is a fair tag. But here’s my problem with Microsoft – they continue to demonstrate they have no idea what their audience wants, and have continued to fail time after time at gauging the pulse of their consumer base.
500 dollars, for a base that has shown nothing but excitement for your console, is probably fine. 500 dollars for a base that has derided, mocked, and complained (mostly justifiably), is suicide.
Considering fan reaction to this point, something had to give to sell gamers on Xbox One. People don’t like the DRM, they don’t like the required connection, and they don’t appreciate the used game policy, among other things. The game announcements of the afternoon, including Halo and Killer Instinct, seemed to build a bit of momentum for Microsoft, which they then promptly killed by announcing the price tag.
That’s what bother me more than anything – for a company that I trust in, and feel like they’re doing what’s in my best interest as a consumer, I’d totally drop 500 dollars (though it would hurt a little) for a new console. But I can’t support a company that has just seemed to completely lose touch with everything that makes this industry so great. The Xbox One has seemed to manifest everything that we as gamers were afraid of coming into the new generation, and for the first time, it really does seem like it’s Sony’s chance to bury Microsoft.
If the PS4 is 500 or more, then I just give up.
Objection Network 
I guess I can’t really say anything about the price tag, as I spent $600 on a fat 60G PS3 before they went out of production (It has been our main entertainment hub for about… 7 years? And still works like a charm). I’m just hoping the PS4 won’t cost anymore than that, though of course it would be a bonus if it was less. I loved Killer Instinct so I’m a little sad it is set to be a XBox One exclusive.
Personally, I don’t think Microsoft should be rewarded with my hard earned money for all the reasons you’ve mentioned and that many gamers are enraged about. Not counting the fact that the fiasco with the 360s on release has me questioning the sanity of anyone who is in line to purchase a XBox One on release. I worked at GameStop at the time, and the pile of Red Ring 360s we got in the store daily prompted me to vow to keep my money away from their gaming consoles unless they do a complete turn-around.
Although this turn-around seems to be for the worse.
God, that’s such a good point that no one’s mentioning – with more restrictions than ever, who can even trust that the Xbox One will be reliable, especially when you factor in that price tag?