I just have a problem of Google bumping the price $150 in one model year and with only 4/64GB. For this reason as much as I'd like the baby P I won't pick it up unless a deal pops. I will not pay $799, not because I can't but because I'd feel like a sucker.
As some have mentioned they could've raised the price last year when they bumped the storage capacities over the original Pixels but they kept the same price. So this year they bumped the price with the same storage, but they also added a bunch of other stuff, probably more than they did last year. Really other than front facing speakers an Visual Core, they didn't add a whole lot hardware-wise. And the Visual Core last year only helped on thrid party apps, this year it's being utilized by Google's own software.
Something else to consider (as I did when I pre-ordered) is that if this trade war keeps going, we might see the prices jump for no reason other than tariffs. Pixels are being manufactured at Foxconn in China, and the next round of tariffs were set to target technology. If a 25% tariff happens, that's a much larger bump than this.