Reading the press release sounded like a late April Fools joke, but I think we all saw where Playtron were heading. After originally announcing PlaytronOS (now GameOS), their Linux-powered gaming system, they're now directly moving into crypto.
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But the cost is hard to justify given its age now.

Is it? When I last checked online, you’d be hard-pressed to find any other PC handheld for $400 or less, even used.

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3.5 years old isn’t that old lol. My desktop CPU was almost 10 years old before I noticed any bottleneck in AAA games.

And speaking of AAA games from the last few years, all like, 2 of them, probably won’t be missed by most people.

The deck is a solid computer and it’s a good product that’s built well and is pleasant to handle and use and playing desktop games on that OLED with HDR support is a joy and on top of a decently polished UX (as polished as you can get in PC gaming really), the tinker potential is endless, you can do with it as you please because it’s yours and you own it - and it certainly feels like it. No adware, no enshittification etc.

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I think there is a “graphical plateau” to gaming; a universal constant a bit like Moore’s Law. And while it’s not certain, it’s very possible the Steam Deck has mostly moved beyond it.

I definitely don’t think there’s an infinite bound to the detail games can add, especially within the resolution displayed on the Deck. Plus, many formats of games have not been well-served by that sort of extra detail. When a fringe hit like Liar’s Bar, REPO, or Lethal Company comes along, it never really needs the extra horsepower of top consoles. There’s a few rare PS5 exclusives that may struggle on it, but given Cyberpunk 2077 runs on it, I don’t even think we need be too worried.

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OLED made some minor improvements, but $150 more for the next step up is a huge ask. You act as if there are plenty of easily available cheaper handheld PCs out there. Not that I’ve found. Prices for old technology are going up, not down.

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I understand what you are trying to say, I feel like it’s not that old of a device in comparison to a Switch or Switch OLED. It’s still going to be a decent buy at the price point; I’m not overly worried about spending that much on a Steam Deck OLED. It wouldn’t take but a month of casual saving to afford a Steam Deck and given a lot of the games I buy are Deck Verified…It’s not a bad deal. This thing will likely be good enough for a few more years of play, particularly with indie games. Given that there is plenty of time for further consideration, I am leaning towards waiting for reviews of the Legion device I mentioned…On the off chance it is the better buy.

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with tarrifs the cheap handhelds are all expensive now

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