I think slightly below this gen. But with the emphasis on online and all the cloud stuff I think much of the content will perform fine, as it'll be tied in to the cloud. 

Have Nintendo ever showed gameplay footage that is not from their consoles in their directs? I remember they showing stuff that I could easily notice suffer some compromises running on Switch 1 hardware, like Batman Arkham Knight, Hogwarts Legacy and It Takes 2 for example

Digital Foundry's most recent video, based on the direct still has it pegged at around PS4 level with some extra bells and whistles, and still is being on 8nm...

I said this last gen as well but why don't Nintendo release a home only version?

They could then run the chipset at full throttle and have most games playable at 4K 60 and not just ports like metroid prime 4.

They could sell it for peanuts, 150 to 200 bucks and shut the whole (hardware) price conversation down completely.

MS & even Sony are rumoured to be putting together their own handhelds which comes with the massive challenge of running their home console games acceptably on mobile hardware.

Nintendo has no such challenge, conversely their games would run even better on the 'switch home' with next to no effort.

The thing could also fit in the palm of your hand and look super cool & cute.

It just seems like such a no-brainier to me.

Why does Nintendo hate money/gamers?

After the failure of the Wii-U and more than thirty years in the industry, Nintendo left the console market ala Sega and went handheld-only. And they did so without anyone noticing or talking about it by simply providing a dock and upping the power compared to their usual devices. They knew that their handhelds were their strong suit, and they weren't wrong. They also knew that by telling us it was both a handheld and a home console, they could fool everyone... and they did lol.

Sadly, they will not be returning to home consoles. At least not in the way you and I want them to.

And for about the price of a base PS5, no less.

Actually, if you watch the DF video in its entirely, they cover multiple ways in which it is superior to PS4.
For hybrid device that has to work in a handheld form factor, its quite a capable piece of hardware.

As for why no "home" edition, there may be one later down the road potentially, but perhaps there simply isn't sufficient demand for one to justify the development.
They certainly don't "hate gamers", they're no different than any other company in that they exist to make money.

There is a mini-processor in the dock. Seems to act like a built-in M classic for upscaling. Probably how it hits 4K.

The Switch 2 looks like a really solid hardware overall, but as usual we're gonna have to wait a little more before we know where it stands. Nvidia's 10x figure might be meaningless or exaggerated in most scenarios, but I'm pretty sure Digital Foundry is underestimating it. I expect the gaps between Switch 2 and PS4/5 to be very similar to Switch 1 vs PS3/4. But thanks to the reality of diminishing returns, the "perceived" gaps both ways will be smaller. And MUCH smaller than 3DS to Switch 1.

I mostly agree with @Biggerboat1 on the home console version of Switch 2. That would be like Vita TV except successful, as it should boost hardware sales to a respectable extent.

Yeah, home console version would be really nice, there's plenty of people who don't care for handheld mode, plus that GPU is most likely capable of running base clock @1500+ MHz, just like 3050 (as opposed to Switch 2 docked @1007MHz), so having "dock only" Switch 2 version would be terrific.