Will kaby lake and skylake prices drop soon?

That's anyone's guess. However, while I'm a big fan of Ryzen CPUs, the fact that Intel has remained price and performance competitive in single threaded tasks and in gaming means that it's unlikely (IMHO) that they're going to drop prices.

AMD gets the value crown from $150 + for highly threaded tasks, while Intel can still claim to offer superior single threaded performance and at least slightly superior gaming performance at any price point.

If AMD's gaming performance turned out to be as good as their single threaded non-gaming performance then I think they could have forced Intel to move. But unfortunately there is a lower than expected result from Ryzen in games. That's not to say Ryzen aren't good gaming CPUs... they're actually very competent gaming CPUs, that also happen to do far, far better at multi-threaded tasks than Intel at every price point. But, if all you care about is gaming, Intel still holds the crown... so a price drop is unlikely.

Well, that's something you could argue either way.

Are you literally just gaming, and only gaming?

I personally think the 1600 (non X) makes the 7600K a bad purchase for any but pure gamers, who don't care about longeivity or future upgrades and already own a high end GPU.
Not everyone will agree with this, but here's my reasoning...

1) Overall the 1600 with an OC gets close enough to an OC'd 7600K in gaming that it's going to be extremely difficult to pick the difference.
2) We are just starting to see the odd game where 1% low FPS are exposing the 4 core 4 thread limitations of an i5. There's no spare resources on the i5 in threaded, CPU heavy games, so if the performance picture does change in the future, it'll be the i5 getting worse by comparison.
3) A B350 board + 1600 (non X) is a little cheaper than a 7600K + Z270,
4) AMD have committed to sticking with the AM4 platform and maintaining compatibility in future.
5) Gaming workloads present Ryzen in their worst possible light (and still the 1600 with an OC come very close to an OC'd i5). So if you ever do want to do highly threaded tasks your PC, Ryzen is usually better, and when it is better, it's often far, far better.

Again - people would make counter arguments. But the overall small deficit in gaming performance is a worhwhile tradeoff IMHO for a 6 core 12 thread CPU and a little spare cash.[/quotemsg
well i just purchased a new z170 motherboard like a month ago, and i was hoping to upgrade to an i5 or i7( i7 if the intel price drop ever happened) but my pc is 90% gaming, and 10% everything else the occasional video editing and photo editing but thats it pretty much
and here in canada, everythings super expensive because canada
but its either an i5 and an extra 8gb of ram, or an i7 and stick with the 8gb i have now
im also wanting to purchase a gtx 1070 later on, and eventually sli
i pretty much just play star wars battlefront and overwatch, but im wanting to build a pc that will max out the new star wars battlefront at atleast 100+ fps when it drops later this year