There is a good discussion here * and im think particularly (IMO big here) that costs of GDDR5 will not reach three times more than a DDR3, yet their price is so low and the facilities of contracts they can get Sony, Nintendo and MS i don't believe that is impossible to have 1 to 2GB or even more GDDR5 on a console.
* http://hardforum.com/showthread.php?t=1595147&page=4
* http://hardforum.com/showthread.php?t=1595147&page=4