It's only a large chest as yet, so it's virtually meaningless whether given or not. If the reward was more purposeful then yes... stick to their guns on a community failure.
That said, if the reward is worthwhile and the goal is baited just right to be challenging, in the current way of sorting it that means PS4 & PS3 have (at present) an easy time of it, while the other three groups may well struggle.
Xbox360 seems to be some 67% of Ps3 numbers, while PS4 has twice posted 25% (roughly) ahead of PC & Xbox1.
Setting all systems into two 'basic' groups is clearly unfair once Bioware manages to get a weekend target 'dead on'. While all systems fail or all systems succeed it's not a problem, but if we're asking each system to perform a similar task then the number should reflect the capability of that system. Either that, or we do a whole community total where the collective systems are all working in tandem to complete (or fail) the same goal.
PS I think Fizzd mentioned that a 1st gen target of 200,000 was about right in retrospect. If you're reading, better make that 250,000. Gut feeling, of course, but how many people do you think logged knowing it wasn't doable, as opposed to how many might have frantically re-doubled efforts if it were 'just within range'.