The price is reasonable given what you're probably going to get and I've never had a gripe with $70 games. I had a conversation about 'Switch 2' with my wife based on the thread about which business quarter they'd likely drop early promos in about: the potentially good vs. bad.
Potentially good: would be an iteration of the existing Switch. Last thing I want and likely many others if their second console isn't a PC (as it is for me) is another console which simply plugs into a monitor or TV. The idea they had to take the popularity of their handhelds and combine it with those who liked a console experience was spot on. We're also looking at a now 8-year old console which is still incredibly popular. Well, the OLED model proved they hit yet another niche in the market which otherwise may not have purchased the OG Switch or Lite models. Possibly OP suggested in another thread (
Thick Thighs Save Lives
correct me if I'm wrong) that expanding the screen size would actually be something buyers would prefer, rather than having something bulky idealized to stick in a pant pocket. So success of an iteration would be: slightly improved graphics acceleration, OLED default screen, larger screen (foldable is floating around with fan art but would likely be too expensive if we're targeting $400), backwards compatibility, at last 500Gigs internal memory with expansion option, fix bugs, fix the battery death issue and of course...keep the concept of joycons but don't ever repeat that mistake again. Learn from 3rd party control producers how to make a proper control. Then...$400 easy.
Bad/failure: Lean hard into digital over physical (doubt this will happen with Nintendo...ever), produce another shovel ware beast (live and learn the 'what not to do' from Wii & WiiU), no b/c, joycons...again, handheld only with optional dock (or vice versa which would just be a WiiU) or throw something tacky on like the 3D filter on the first model 3DS with its hologram slider.
It's much easier to win at this than to fail. They have all the data they need to make this next step and have had enough time.