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Sony's Remote Play handheld Project Q has been renamed PlayStation Portal and will be available for $199
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Can one use the cloud streaming via their PS5?
Edit: also I don't think it's that niche. I see this being a common occurrence in any household with only one high end TV and more than one person who wants to use it. The price point isn't much more than a controller and a screen to begin with. They should sell the remote play hardware without the screen (just hdmi out) and controller (just include a bluetooth chip to allow controller pairing) at a lower price point to appeal to a wider market (cause portability in the household seems less useful, but just using another TV seems more common)
It certainly is a common occurrence, but I don't see many households dropping another $200 on top of the cost of the PS5. If this existed back in the days, my parents would have told me to either play something else/go outside, or move the console to my room.
Kids aren't the only ones with gaming consoles. And I already countered the idea of putting a console on a different TV.
Again, the price point may be high, but it's literally not much more than the cost of a screen plus a controller.