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I s'pose there's room in the range for a Helix lite with just one DSP, fewer footswitches and so on. I'm not sure it'd be a lot less expensive, mind.
I think about 1500-1600 euros
The AX8 is 1699 euros
https://soundcertified.com/speaker-ohms-calculator/
It would be interesting to see how the first 6 months of sales has compared with their forecasts (although were the delays caused by design/manufacturing cock ups and not demand exceeding expectation?). I assume the weekly Line 6 sales/marketing meetings are some fun.
I think Zoom have improved on the M series effects TBH, so rather than worrying how Yamaha can hit a certain price point I'd rather wonder how Zoom can do it, but Yamaha/line 6 can't. A G3 is £125, an M9 £300 ish and line 6 can't improve on either for £500-600? I think there is a market for quality effect only units in that price range, pedalboard friendly, quality switches, good bypass and dc power etc. It may not be in the Line 6 business model, but while they continue the M series effects they will be seen to be a bit behind the times aside from the Helix.
I play guitar and take photos of stuff. I also like beans on toast.