Superficially, it doesn't seem like Polaris 11 would fit that price or performance range.Dont really buy on this 199$ .. dont know exactly, what model we are talking about there.
For Polaris 10, if it's not the highest SKU, then it's a potentially pleasant surprise on the performance front for the X SKU.
If it is the top SKU, the price is rather nice. I would wonder if AMD would be going by the old joke about losing money for every unit sold, but making it up in volume.