You have to distance yourself from the affection for a piece of plastic. I don't own any modern console and don't care about some classification. I hope you realize the contradiction between a) it's just a mid gen refresh for $399 and b) it's an all new powerful device and thus worth its alleged high price.
The New3DS was just $220 to give some perspective of how much $399 would be for a simple mid gen refresh handheld. Even a true Switch2 for $399 sounds expensive to me. I can see Nintendo fans justifying it by saying: well now it's technically not a new handheld so we can put it into the same irrelevant internet category, good thing we paid a lot for little. I hope N will offer some true generational upgrade if $399 is true because you don't want to spend that money for a stopgap.
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