You have to consider that PC hardware is currently spiraling out of control in terms of price, and $400 for the specs it has presently is a fairly decent buy even if you don't care about the form factor.
Only difference is that, unlike traditional game companies, this Steam Deck thing isn't a walled garden. But of course, Steam has a near monopoly on PC gaming so it's unlikely that'll be a problem for them.
If Valve isn't locking the hardware down, but is subsidizing it, then they might run into a situation where cryptominers (or some other group) start buying these things up in bulk, but never playing any games on them.
I could see owning one of these as a non-gaming desktop.
https://www.crypto-news.net/what-does-ethereums-proof-of-sta...
I'm waiting to buy a laptop I want for some months now, still not available.
Unless this custom APU for Steam Deck is made in a special foundry with a special process, then they will be in line just like everyone else.
Plus scalpers love this shortage to make easy money.
It's not about being ready or not, it's about supply and demand.
An example from Valve themselves from early this year regarding Index, an interview with Gabe:
“We actually have components that are manufactured in Wuhan and when you’re setting up your manufacturing lines it doesn’t occur to you that you’re suddenly going to be dependent on this peculiar transistor that’s sitting on one board that you can’t get,” Newell said.
“Everybody ended up running into the same problem simultaneously — you go from, ‘Oh, we’re in great shape,’ to, ‘What do you mean Apple or Microsoft just bought the next two years’ supply of this just so they could make sure they aren’t going to run out?’ You went from a situation where everything was getting done just in time to people buying up all the available supplies.”
Newell says these constraints are also why the headset still doesn’t ship to some markets like New Zealand or Australia. “The only thing keeping us from shipping in New Zealand at this point is just getting enough of them made — we’re very much manufacturing constrained.”