I have seen commentary about the $700 or so expected price point. If so, that is not too bad IMO.
Looking at just the receiver aspect, the older and now discontinued R-75 floated around $550 to $600 new. It is a great desktop receiver for the price, but it also is a ~20-year-old design at this point.
For potentially another $100 or so, the IC-705 gets ya' a direct sampling receiver, various DSP-based options, integrated spectrum display, digital recording, rechargeable battery, etc.
Curious if LW/MW performance will be similar or better than the direct sampling receiver in the IC-7300. IIRC, its receiver sensitivity (and/or selectivity?) tends to roll off at the lower frequencies.