Today was a big day for gamers as Valve just introduced three products: the Steam Controller, the Steam Machine, and the Steam Frame. When you add this alongside the Steam Deck, I think it’s safe to say that Valve is about to win the next console generation.
I think you’re kind of missing the point. This thing is meant to take a bite out of the much larger console market. It doesn’t need to compete with a gaming laptop’s pricing if the people it’s targeting weren’t going to buy a gaming laptop.