Well luckily I saw the warning earlier in the thread and corrected my next post accordingly, didn't know that it was a rule in this forum, my bad.
Anyway yes, price will be pretty important, I don't see myself buying the Xbox One at this stage but if they price it low (or as you suggested at a loss) relative to Sony than the PS4 will be in trouble. No doubt about it Microsoft are still very much in this, I just don't understand why they would put pressure on E3 when they had a whole event to themselves to garner some excitement. I guess it will get attention for them at E3 but it seems a little sketchy as to whether that was their intention.
Anyway yes, price will be pretty important, I don't see myself buying the Xbox One at this stage but if they price it low (or as you suggested at a loss) relative to Sony than the PS4 will be in trouble. No doubt about it Microsoft are still very much in this, I just don't understand why they would put pressure on E3 when they had a whole event to themselves to garner some excitement. I guess it will get attention for them at E3 but it seems a little sketchy as to whether that was their intention.