A couple things...
1.) 4x more powerful? And that's not a generational gap? So I guess that's got to be largely focused on 4k resolution, right? I guess they could really get into sliders like today's PC gaming. Seems weird. And that price. Boy, that's going to be an expensive console.
2.) You know, I was pretty positive on the idea of iterative consoles, but the more this stuff starts to look like a reality, particularly if the other rumors are true and MS is going to have a half-dozen skus (From media focuses, to sticks, to powerful consoles, slims, etc), my interest definitely starts to wane. With that many options, where are devs going to be expending their time? I know nothing has fundamentally changed, and I still think console makers have the right to make iterative consoles and see how that business model works, but the amount of different skus floating around and differing power levels is starting to turn my opinion. Granted, it's all rumor and speculation right now, but I'm starting to lose my stomach for it. When I think about a world where I could potential buy 3 new consoles next year, two of which will just be iterations of consoles I already own so I could get the best possible experience, I start to think that money and energy might just be better kept with my PC. Consoles end up being an arms race where every year there's another more powerful option to buy even if the companies they're coming from are different. That doesn't sound good.