If I was Valve, at this point I’d probably scrap the project and develop a new console with a planned release in late 2027 or so. Hopefully the prices will get back to normal until then and they could use actually good hardware instead of relying on a 8GB FSR3 GPU.

Reviewers have already stated their fear that it might be dead on arrival when the price is not as competitively set as the Steam Deck’s and this was long before the RAM price increases. So I don’t really see a chance for a successful product launch in the current market.