Digital edition 349-399 OG edition 449-499. They will NOT price it high if they're expecting a quicker transition from PS4 TO PS5 which they have mentioned as well as being in the midst of a global pandemic and incoming recession.
That's actually quite a good marketing strategy, to artificially boost the digital version with a wide price difference (and at the same time have an "excuse" for an even pricier version), while the real actual cost to Sony remains negligible either way.
It's a pretty intelligent strategy indeed.
I hate it.
I predict Sony aim to have a lower price for the physical version of PS5 compared to Xbox Series X. Which is why Sony keeps a low profile at the moment. Almost immediately after Microsoft officially announces the price for their new console, Sony will announce the price and release date for PS5.
In the end I think the price will be:
Physical: 599
Digital: 499