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It's Time to Bring Back the Steam Machine
(steamdeckhq.com)
Gaming on the GNU/Linux operating system.
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Would be nice, but I think it would cost Valve more than Microsoft and Sony because volumes would be a lot lower. I'm guessing a small percentage of existing PC gamers would want a console, because a lot of the point of PC gaming is either using what you have or customizing your rig. I'm also guessing the same is true for console gamers, because they already have a console and probably want to stick with the same ecosystem.
I could be wrong, but that's my take. I'm more interested in them refreshing the Steam Link and Steam Controller. I guess they could reuse the same SOC, but that would run really hot, so they'd probably want a check ARM SOC instead.
But who knows, maybe there's a big enough market for it.