Historically last generation hardware is sold at steep discounts compared to original MSRP. The insanity is we live in a world where manufacturing 9 year old hardware has increasing manufacturing and shipping cost, where this was not the case. Another layer of insanity is that Nintendo did the analysis and decided it's going to make sales at this increased price.

Profits must be maintained at all costs

They don't list price changes for the Lite outside of Japan, but I'm sure it's coming too.

The Japanese Switch 2 is going up by 20%. The US model is going up by about 10%.

In Japan, the Lite is going up by over 35%. If we assume a similar pattern (US going up by about half as much as in Japan), then that'd take the $230 Lite to more like $270.

I still like my Switch Lite, but almost $300 after tax for it would be absurd.