Sales of the PS5 and Xbox have collapsed:
May was a catastrophic month for PlayStation and Xbox sales in the U.S., driven by price rises that have clearly had a significant impact on consumer interest in buying a new console.
www.ign.com
That is why it is a boring product. Not a bad product but boring.
Valve just don't really care about making a huge success of the Steam Machine. Seems like they just want to try and recoup their costs and move on. It is not a big push from them to enter the console space (I know it's technically a PC but come on it is a console) but it could have been and that could have been really exciting. Imagine if they had launched the Steam Machine at the same price as a PS5, they included the controller, Half Life 3, made hundreds of thousands of them and sold them at retail stores. Imagine how huge that could have been. That would most certainly be the biggest console launch in decades. It is basically impossible now due to hardware costs but imagine if Valve had managed to release it a year ago. They would have been able to do all those things potentially but as it stands today the Steam Machine is just a huge missed opportunity.