Does price difference on Xbox One matter year 1?
I dont believe it does. This year both the PS4 and the Xbox One will sell out. It is next year where price could matter. With that in mind taking the Kinect out of the picture these are basically the same device except the PS4 has gone with a good deal more expensive memory and GPU. So Xbox One sans Kinect should be less expensive to produce. Microsoft is taking advantage of the initial gamer craving for a new console.
Next year what is to stop Microsoft from 1 cutting the price to the same price as the PS4 and since Sony not in as good of financial shape may not be able to counter and drop to $299.