Oh so you are saying £326+ then, fair enough but it still won't be that either.
There also seem to be a lot of people who forget it is much easier to lower a product price (especially tech) than increase it after it launches, there is a market at $299 as they showed with the 5600X, but there will be a smaller market with the 7600X due to the ~£300 12600K, but it is still there. Pretty easy to knock off $50 either officially or via channel rebates to get it down to $249 if not selling, but if they started at $249, good luck putting it up to $299+ you already seen the backlash from people basing pricing on new generation from the last one, they totally lose it if AMD put their price up after release, regardless of rampant inflation in almost every sector.
Had a couple of people deciding not to go 12th Gen Intel, due to the CPU prices rising significantly ~£410+ for a 12700K, when only 6 months ago you could pick them up for ~£320. In fact I am now lumbered with a rather nice Asus ROG STRIX B660-A GAMING WIFI D4 motherboard, no idea what to do with it, might plonk a 12400 in it but it's white so that means the whole build would end up needing to be white. Should probably just whack it on the MM tbh.