Is this US $ ?
I have the PS4's (don't buy these IMO) and also have the TB Ear Force Sevens (their flagship model).
The Seven headset is $388 AUD so probs around mid-200 US dollars.
The XP Seven is 5.1 and pretty damn good, it's wired and has a really good mix-amp which you can download custom presets for. Love the "footstep" and "superhuman hearing" modes lol, makes for good sound-whoring.
There are better headsets out there but if your looking for TB then these may suit.