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Better to aim for the 4, as I assume it'll take some time to get everything done, the price will come down later on anyway.

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At the moment there is no "price", as there is nothing to sell :-)

I am only looking for people's opinions now

You should turn it into the project.

I miss that mojo of old simple games. Never thought latency on modern OSes could be a barrier.

Latency is a huge barrier, and it does not come only from OSes.

For example, modern television sets have a "gaming" mode because in normal mode they somehow process the video frames to make them look better, in a way that introduces latency.

Someone who works on audio software told me that audio over bluetooth has a very high latency too.

There are several bits that can introduce latency in a system. The OS is the part that software developers can adjust and improve.

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