"Taking on Steam" is conceptually hilarious to me, EGS gave me 250 free games and I never open it except to play games that are exclusive to it that I didn't want to/couldn't buy on console, which is less than 5 games probably. I have like 1000 games on steam and 400-500 of them are proper full games/not bundle detritus.
That launcher is a piece of shit and I hate it but somehow even after all these years and with all that money the Xbox store (whats it called nowadays?) is even worse for both UX and technical competency AND has all these crap restrictions on file manipulation, which is the reason I play on PC often, being able to tweak things. They did make changes to "fix" that (problem they created) but it wasn't for every game and the game also get patched poorly and later than Steam et al.
I think this thing will be priced in such a way that it will make overinflated GPU prices seem like a better deal, I'm hanging onto a really old CPU, MB and RAM so I need the whole shebang when I upgrade the GPU finally but thats not normal, I don't care about fps over 60 so theres been no need to upgrade my 3770K until the last 4-5 years, but then GPU prices went nutso.