I think what folks are missing is that this might be the future of gaming. This is mega expensive for what it is...if you measure it by prices a couple of years ago. But PC parts are absolutely fucking ridiculously expensive right now and by today's prices this is basically on the nose.
I suspect that we're entering a future where game companies aren't making as many hyper realistic raytraced eye candy games and are going to have to go back to focusing on things like optimization and gameplay, simply because nobody can afford the hardware to run the beautiful but ultimately soulless games. This will struggle to run the former. It will easily run games that focus on the latter.
This might just be the future of PC gaming and it's landing like a wet fart because the future is going backwards. The good times are over.