Hard to say overpriced when will be at least 2x cheaper than any pc with similar graphics capabilities
Yeah, although it is probably fair to say PlayStation (and Xbox) get punished in value assessment because they've traditionally offered so much in relative terms for so little - because console install base and platform cut have been measures of success - now that selling hardware has become a risker and less cost effective proposition - against a backdrop of overpriced £1500 smartphones and GPUs - any attempts they make to offset that risk with higher console pricing is unfairly framed as overpriced.
I want a cheap Pro model, but by the same token if they decide to price it at £849(£769 without the disc drive) and use the profits to sell base PS5s at £269 with a disc drive I wouldn't consider the Pro overpriced and poor value for money.
/edit
IMO at the end of the day, those of us that have to have a Pro will justify the price if we can afford it, but for the good of gaming we all really need new next-gen owners at the bottom getting onboard, and even at such a low price many that are disengaging or going straight with iPhone/PC would need a price like that or better to get in.