If MS made a handheld...
It would come with standard AA batteries and you would have to pay extra for rechargable ones.
It would come without wifi and they would charge you extra for a wifi adapter.
It would come with tiny flash memory but you would have the option to buy extra storage at ridiculous prices.
Once you have the wifi and extra memory then they will charge you for using it online.
It would need tiny little cooling fans which would be cheap and VERY noisey.
It would be built by the company who put in the lowest tender and the quality would be somewhat dubious.
The thumb sticks would be in the wrong place and the D-pad would be crap.
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I dont think it would look like a George Foreman grill though.
Also they would not dare to call it the Delaystation either.