Prediction: PS5 is going to cost 599$ and it will be ok.

[SvennoJ]

Perhaps $599 for disc version, $549 for digital version.
That thing is huge, extra material to manufacture, extra packaging, bigger box requires more volume to ship and store.

But maybe the reason for the all digital version is to get a $499 system out, next to $549 with disc. Perhaps even $599 with disc and game bundled to recoup the losses on the all digital version.