I think the Pixel is extremely overpriced. It feels like a $400 phone at best because its just a slightly better product than the OnePlus 3, Axon 7, and Honor 8. The advantage comes from software.
If the Pixel XL were priced at $650, that's a good premium pricing point. Competiting with Apple on price point isn't as consumer friendly, which is why I am glad I got the iPhone.
If I am paying that much for a phone, why not get the iPhone, right? Water resistance, dual speakers, better apps, iMessage, top notch customer service, dual speakers, best processor, etc.
The moment the Pixel XL released: outbenchmarked, lacking water resistance, pricing will drop quick, tweener if Andromeda becomes a reality.