Intel 7 is not actually cheap, and it could be an X Plus (which for now is the X Elite die but binned down) they’re comparing with which also makes sense.
One thing I think we can say fairly confidently is the AMD and Intel guys (yes here too) who thought Qualcomm was going to try and pull the same 8cx Gen 3 Lenovo X13S systems @ $1200-1600 were wishcasting.
That makes no sense, it never made sense in light of the size of this launch, the 170mm^2 N4P die size, etc. Qualcomm is greedy but they do respond to competition, and the PC space as a newcomer having bought Nuvia for $1.4B does not in fact imply the entire range of products would be expensive, or rather that the value prop wouldn’t be there, etc.