I definitely agree $399/128GB seems terribly unlikely, Maybe I could see $399/64GB and they get rid of 3D touch to reduce the screen cost slightly?Hopefully nothing. It will be cheaper because it will be 1.5 years old by the time of it's release (estimated is March 2020)
It's just a regular iPhone 8 with an A13 chip and 128 GB storage instead of 64 GB or 256 GB. But i'm thinking it'll be more than 399$. I'm guessing it's between 399$ - 549$.
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No, I think that's definitely unlikely tooI don't believe it will be 128 GB base, despite the rumour.