PS5 Pro is a Massive $700 Sony FAILURE?

The PS5 Pro has been announced at a price of $699 with no disc drive, with a release date of November 7th, and PS5 Pro Preorders opening on September 26th. During the showcase with Mark Cerny they showed off PS5 Pro Gameplay that overall looked impressive but considering the expensive price attached to the PS5 Pro is it enough to justify an almost $1000 console after you purchase the disc drive adapter and stand for the console separately? Personally I will be buying the PS5 Pro but it definitely is not for everyone