Yep, and I feel many commenters in this thread are comparing value propositions only in terms of specs. I’ve built a number of Mini-ITX cases, from 5L to 20L, and they are a pain to work with and maintain. In some cases it’s impossible to make a reasonable filtered airflow, so dust builds up very fast, and a teardown to do clean up is pretty annoying. Steam Machine looks very straightforward to maintain. And it’s also tiny and quiet.

Same here, I know why it costs as much as it does, and that doesn't deter me. I want it for my living room, and to just mess around with. Will enter the lottery and hope my number gets picked!

I'm skeptical that they have working CEC. The steam deck, for example, does not. It also doesn't work reliably with many TVs. I'll believe it when I see it.