It’s a good deal.
RAM can’t be upgraded but Storage absolutely can, it’s just a standard 2280 m.2 drive, you can even chuck a second 2242 drive in if you remove/never had WWAN (LTE/5G modem).
Edit: If you’re using Linux, grab a cheap Intel Optane M10 drive from AliExpress, 16GB drives are <$5 32GB and 64GB are ~$1/GB- they have incredible endurance and 250MB/s Q1T1 random read (better than any consumer NAND ssd…) - perfect for swap partition on a ‘low’ ram machine.
SmokyOrange BLASTS futurism.com author in SCATHING report.

I don’t think it’d be that high, retail prices on similar hardware to the specs is ~USD$700, including a (crappy) case and a (decent) PSU.
I think Valve could get it to $649 without subsidy.
Just due to not having pay as much for the parts, they’d be getting the cpu+gpu directly from AMD as ‘semi-custom’ parts, so there is no Distributor, wholesaler or retailer profits to bundle in, the GPU is on the main board too, so no extra AIB profits to worry about on the GPU.
DRAM will be a ‘fun’ one due to price fluctuations though.
Really depends on how much profit they want to make.
Beatport and Juno are both stores