It looks like Sony is working on a new PlayStation Handheld

It feels like Sony is targeting the market for people who want cost-effective gaming hardware for streaming PS5 games. The Logitech G Cloud was supposed to solve this problem, but its $349.99 price tag is a big turn-off. But, at the same time, the Steam Deck feels overkill unless you plan on actually gaming and not streaming.

If Sony can price the Q Lite below the G Cloud, people might consider giving it a shot.

Unlike Logitech, Razer, and even Valve, as well as a slew of other companies trying to fill the market's need for a handheld that isn't a Nintendo, Sony actually has the credentials to make something that can rival the Switch.

Keep in mind that the original PlayStation Portable sold around 80 million units by the end of its run and even the "failed" PlayStation Vita enjoyed conservative estimates of 15 million units sold.

The only concern here is if Sony limits the Q Lite to streaming PS Remote Play exclusively. Unless it's priced at half that of the cheapest Steam Deck, which can support everything from Steam Remote Play to Xbox Cloud Gaming and even custom operating systems, among others, the Q Lite will be a tough sell. But, given Sony has become more open to cross-platform support in recent years, there's a good chance the Q Lite will support rival services.

While it's unfortunate that a PlayStation Vita successor isn't happening, a successful run for its rumored cloud-streaming device could encourage Sony to revisit the idea in the future.

Ultimately, the success of the Q Lite all boils down to its pricing. The cheapest Nintendo Switch retails for $199.99 and can often be held for less. It's a portable handheld exclusively, but if you want a Switch variant that acts both as a home console and a portable handheld, you'll only need to spring a $100 more (and $150 more if you want the Switch OLED variant). Even though this still-unconfirmed PlayStation console isn't meant to rival the Switch, most will see it that way, which is why the pricing is important.

We're hoping Sony will learn from the underwhelming and over-priced PSVR2 and slot the Q Lite in somewhere around the $250 price range.

A non-standalone handheld console that's more of an accessory than a main system for $250 is already a tough sell, but it's cheap enough that people might consider it at this price point.

Ultimately, regardless of whatever price the Q Lite gets, we're hoping that we'll hear more about it sooner rather than later.