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Alex_The_Hedgehog said:

If it's backward compatible with all Switch 1 games, I think people will wait for it instead of getting a Switch 1. Unless there's a price cut.

A Switch 2 for $400 would be extremely good value vs. the Switch, that's for sure.

I don't think it would be much more expensive than that, Nintendo knows what happened when they released the 3DS for $250.