PS5 or Xbox Scarlet will probably price around 499 to 549 USD

[Chrkeller]

I can't see paying $500, just too high. I would probably stick with the Switch and wait for a price cut.  $500 would be a mistake, IMHO.  It is outside the comfort zone for most.  Frankly I disagree with the OP.  I don't see anything about $400 and I predict the ps5 will be $350.