You are right. Release is still rumored as is pricing. Having said that, I think we are about to witness a collapse of the GPU prices. Looking at the 580, I think we already are. That card is selling for about a third of what it sold for only 4 or 5 months ago. I also do not think the current Vegas are a great option. I think I would rather grab a dirt cheap 580 and hold out for the next release.
Side note/question: How much gain is there in a Vega 56 or 64 vs an RX580 for something like video encoding? I know in gaming the Vega cards are a pretty decent upgrade, although at a steep cost of being very power hungry and hot.
I think that one should distinguish between a collapse of GPU pricing from cryptocurrency mining and collapse from original MSRP. On the first issue, I was probably the first person on the mini forum to say that pricing was grossly inflated and is undergoing a serious correction. I have written a dozen posts about this, at least one of which includes a chart showing retail prices of the RX 580 over time. In this very thread, I have argued, against considerable resistance, that an RX 580 price of US$250 is unsustainable.
MSRP is another matter. These cards were released in the spring/summer of 2017 at specific MSRPs and I think that we will see prices hover around those MSRPs, by which I mean maybe up to 20% less. The RX 580 is a special case because its price will be affected by the release a few weeks ago of the RX 590, which has an MSRP of US$580. I agree with AnandTech that the prices of the RX 580 and 590 are closely tied. Also, the Vega MSRPs were in fact notional, because they never actually sold at MSRP, and indeed the custom cards were not even released until last December/January. Finally, there are perceived quality differences between the custom cards, which I believe do affect price, and Asus, in particular, is clearly reluctant to compete on price.
I have just exchanged a Sapphire Nitro+ RX 590 for an Asus RX Vega 56, so obviously I don't agree with your view on the Vega cards.
I will be able to directly compare the RX 590 and the Vega 56 this weekend on performance and such issues as noise and heat. I will be reporting what I learn in this thread:
https://forums.macrumors.com/threads/external-gpu-egpu-resources.2154653/page-12
On video encoding, it depends on what you mean. I have tested H.264 to H.265 encoding with and without an RX 590. If you are interested, there is a post on the result, which includes a link to the file that was used, in the thread mentioned above. Indeed, there are two posts, one before and one after Compressor's recent move to 64-bit.
The last 2-3 pages of the above thread include Benchmark results for the RX 590, Vega 56 and Vega 64.