That is too much, no way jose for me.
Would rather get a Steam Deck 2 when it comes out.
I think the biggest issue it doesn't leverage the Xbox ecosystem in any meaningful way, i.e. if you are heavily invested in the Xbox library this doesn't allow you to access that library beyond what you can already do on existing device you own. It's just another Windows 11 handheld PC. And that's fine if you want it and what the rumours have suggested for a while now.
I'd always thought that they would be working on an app/software layer that enabled you to take your library of Xbox games and play them locally on a PC. Whether something is coming, or not I don't know.
Fixing the 'big screen' experience for Windows users is great, but Microsoft didn't show how other storefronts would co-operate with this enhanced dashboard. I think that will likely still be a very 'PC experience'.