Pokemon Sword/Shield special edition also confirmed. I wonder if this will actually come with the game pre-installed, or if it's just looks and you have to buy seperately (my money's on the latter).

EDIT: 

Yep, games not included. 

"There will also be a special edition Pokemon Sword and Shield Nintendo Switch Lite which will feature legendary Pokemon Zacian and Zamazenta for $199.99 USD, but it does not include either Pokemon Sword or Shield. It will be released on November 8, 2019."

The Switch Lite can connect to normal Joy-Cons.

This is what it says about Game Compatibility: 

"Nintendo Switch Lite can play the games in the Nintendo Switch library that support handheld mode.

For games that do not support handheld mode, players can wirelessly connect compatible controllers (sold separately) to Nintendo Switch Lite. If using separate Joy-Con controllers, users will need to have a device to recharge them, such as the Joy-Con Charging Grip.

To find play mode compatibility information for specific games, please refer to the product packaging or Nintendo eShop.

Just look for the “handheld mode” icon:"

Mr.GameCrazy said: Barkley said: Weird how it says it doesn't support tabletop mode. Can it not connect to normal joycons? Did they remove bluetooth? Would seem a bit weird to take out that functionality. Though it makes more sense on why it can't be used docked if they took out bluetooth to save money. On the plus side at least they have a decent dpad. The Switch Lite can connect to normal Joy-Cons. This is what it says about Game Compatibility:  "Nintendo Switch Lite can play the games in the Nintendo Switch library that support handheld mode. For games that do not support handheld mode, players can wirelessly connect compatible controllers (sold separately) to Nintendo Switch Lite. Just look for the “handheld mode” icon:"

So... it does support tabletop... why do they say it doesn't then contradict themselves underneath. xD

I am baffled why it doesn't support dock then, I mean I know physically it might not fit but they could always release an adapter or new dock or something, my best guess now is that the cooling isn't good enough to run the clocks inside high enough for docked. Removing dock functionality shouldn't reduce production costs at all.

"pricing is aggressive"

Its really not, even at launch with switch selling at 299$, Nintendo was probably selling each unit with like 50$ profit on sale.
Tegra chip and the insides just arnt that expensive, Nintendo have not been selling these units at break even point, or loss pr unit.
They got the chips super cheap from nvidia (there was a artile from semiaccurate, saying nvidia was basically giveing them away).

Switch could have launched at 249$ and still sold at profit (imo), and this Switch lite, could probably do the same at 149$.

I suspect next year, you ll see offical price cuts, for both models.

I don't think so, maybe a cut for the Standard model, assuming the Standard model isn't just replaced next year.

But at $199 the lite will be selling fast enough next year, they won't need to cut the price.

Gosh this looks so good, but I already have the flagship Nintendo Switch... I'm gonna waste money having both aren't I?

I don't like any of the colors too much, but I would have gotten a Lite if it was available back then. (I haven't connected my Switch to a TV ever yet.)

5.5", marginally improved battery life.

Interesting that it appears to be handheld only, lacking the ability to dock altogether.  Will be an interesting product to track.  It's success in Japan is all but guaranteed but it will be a curious thing to track in the west.  This could be very enticing due to price point.  But then there's a limit to what people will let go of before they feel like they are getting a cheap product.  The 2DS for example was only a modest success, falling well short of the 3DSXL in sales.  And the New 3DS models as well.  In Japan I don't know that that will happen, but I could see it more in the west.  We'll see.  I do hope for a more powerful revision later, it only makes sense seeing as how Nintendo themselves are running into limitations of the X1, but I suspect that's a couple years out.

So…they’ve basically removed all the features that made the Switch the Switch.