Think about it, only SteamOS 3.5 and above have HDR support and some features like the unified framerate limit the Steam Deck OLED is rocking.
Valve wouldn’t release this new console without having those features shipped to stable.
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This new steamdeck is first of all a proof of success of the OG steamdeck sales. Even Valve would not support and upgrade unsuccessful products, pouring money into marketing and stuff.
So while I fully expect that overall sales are nowhere near even the Xbox, not to mention Switch/Sony, Valve is still confident that the market is there for them, and I can’t be happier to see this.