Uhhh yeah of course it’s a cash grab, it’s a product from a for-profit business. They want to make money from it. Valve is trying to grab cash too.

And eh, the deck isn’t better in all departments. It costs significantly more, it’s far bulkier, you can’t share your physical game cartridges with friends/family, the battery life is worse, couch gaming isn’t as refined, detachable joycons are great, the switch is better at split screen gaming especially considering you don’t need to buy any extra controllers to do it, etc.

I have a Switch and a Steam Deck, I’ve played on both for thousands of hours. They’re both good devices.

Liking one doesn’t mean you have to hate the other one. They’re not even directly comparable. Sure they seem similar on the surface, but IMO they’re pretty different devices with less overlap than you’d expect.