The only part that “deserves” a price increase is the storage starting at 128GB now instead of 32GB, but it’s completely out of touch to get rid of the base model when nobody has any use for all that storage (even the 32GB) for what is basically a streaming box.
Hell, even their new HomeView device, which does have a screen and FaceID, starts at same price.
Obviously some cache for local playback, photos, screensavers, etc.
AFAIK you’d be hard pressed to hit 150mbps with your own local media.
And any streaming services will use way less - Netflix and Hulu recommend a mere 16Mbps at 4k for example.
Also, just learned it's still 4k 60Hz. So forget 120Hz gaming. Game streaming is likely to become a default in near future at the hardware proces we see, so limiting to 60Hz is really cheap of them at this point.
As in, it's a $300 device that still uses old hardware and standards.