I mean, does it need to happen at scale? How many people are clamoring to replay Atari games with real cartridges who haven’t been satiated by the many previous releases at much cheaper price points? FPGA would at least make them stand out from those other attempts and might have gotten me to bite the bullet.
Analogue seems to do OK and has a much larger built-in audience (more nostalgia for NES era and newer). And their 16-bit consoles have been around the same price point as this.
This looks well-designed, but I think it’s a misfire at the conception stage based on its (presumed) intended audience.