Steam deck OLED is actually more powerful than the legion go S from what I’ve seen online so far

I strongly doubt that considering the head-to-head specs of the Z2 Go vs the Sephiroth APU. They’re both 4c/8t but the Z2 has significantly faster base clock and turbo on both the CPU & GPU, as well as more compute & shader units, and hardware raytracing.

The Z1 Extreme in the original Legion Go also dominates over the Deck with even higher clocks, and an 8c/16t CPU. Plus with Bazzite you get a SteamOS-like experience.

However you’re 100% right about the fact that Valve don’t necessarily care about the Deck making money. They made it to create a market segment that makes them more profits on Steam, and to encourage the push towards Linux gaming due to their long-term cold war with Microsoft. What I’d actually love to see them do is a Steam Deck Pro with the Z2 Extreme and a 1440p display. Maybe with a bottom USB-C port, a proper dock and a revamped Steam Controller.