I would argue that $300-400 is a huge life choice, yes. If it's not to you, then congrats! It's more about what I feel is a missed opportunity. It's about the hypothetical future where I know what could have been, where I wish I could instead have spent that same $300-400 on a system that is on par or better than the PS4/XOne. It's about feeling like having no real choice, like feeling coerced, kind of like phone or TV bundles, where there's one this base that you really want (Nintendo software), but are forced to take on tons of channels you don't care (portability, inferior hardware) for a really high price, and having no alternate choice.
If you feel that strongly then don't buy it.
I get that you say you still want to play Nintendo games, but don't like the hardware that you would need to purchase in order to play the latest Nintendo games.
I said before the reveal that I'd be buying the "NX" whatever it was, and regardless of the gimmick as I love Nintendo games.
It seems like your main concern is the power, you feel like they've sacrificed power for the portable element, which is something you don't care for. All I'd say at this stage is we don't even know the specs, and we've not seen the games running properly yet.
Yes it's safe to say that it won't be a Scorpio in terms of power, but the Wii U was ridiculed for it's specs but some of the games looked great, Mario Kart 8 despite it's jaggies and rubbish AF, Captain Toad looked awesome, and by all accounts the Switch is a lot more powerful.
You can ignore the portable element completely, so maybe wait and see what the games are actually like.
I just feel that NeoGaf is having a meltdown and judging everything by twitter rumours, and a video with pre-recorded gameplay of what are rumoured to be ports of Wii U games.