The stock is gone ... to a bunch of bots (and some people like us, of course). And we don't know how much they oversold, and if the cancellations were due to oversell - or other reasons (alot of people didn't know about rolling auths). Keep in mind new orders have opened up for brief periods several times. You have no idea what ordering would have been like if bots didn't jam the websites. They create the scenario in which they thrive.The consoles are already $500, I really don't see an entertainment device like this holding up at over $300 on top of that. Sure we have people stuck at home, but we also have alot of economic uncertainty, and very very few of the next gen games are exclusive to the next gen. And really, there is no good that can come from trying to convince people of scarcity, unless you are selling, of course.
I remember last gen there was this long thread from a guy talking about "moving units" that posted frequently trying to convince people that the consoles were rarer than they actually were at the time. Sure you couldn't stroll in a store any old time and get one that first holiday season, but you could find one with a bit of effort.