Lenovo Legion Slim 5 16IRH8 review

A premium seat at the forty-seventy table

The 2023 Legion Slim 5 16IRH8 pairs a 13700HX-class Intel engine with a GeForce RTX 4070 and 64GB of memory — an enthusiast-tier configuration that asks $1,424 today, ninety percent above the gaming-class median of $749.56 and inside the aisle's top price quartile. Peer comparison finds no axis where the machine lags its neighbours meaningfully; the honest story is instead about what the premium ticket buys, and what it does not.

What the money actually buys

The processor places at 62.66 — within four percent of the class median of 65.01, squarely mainstream rather than exotic. The 64GB memory ceiling matches the class median exactly. In other words, the compute around the GPU is deliberately ordinary: the top-quartile price is concentrated in the 4070 tier itself, and the recommendation-bar greens for Overwatch, Grand Theft Auto V and Rainbow Six Siege, plus Photoshop and VS Code at minimum, are the receipts that follow from it. The sixteen-inch gaming frame carries the usual weight of the breed — portability sits in the low band (20), the standing chassis tax of a sixteen-inch gaming machine.

The trade-offs, stated plainly

An eighteen-hundred-dollar anchor has settled to $1,424 — about seventy-nine percent retained — and the depreciation curve projects a further drop to roughly $999 within two years, a 16.26% annual rate. That is the cost of buying current-generation silicon late rather than early. Against the immediate shelf, HP's OMEN 17 asks $1,508 and the OMEN 16-xf0033dx $1,593 above it, while the OMEN 16-u0078nr at $1,284 and the Victus 16-R0055NO at $1,248 sit below — this Lenovo sits in the middle of a well-stocked bracket, not alone at the top.

Price trajectory

From a $1,800 anchor, the machine has decayed to $1,424 and is projected to reach $999 in two years. Buyers planning to resell should read that 29.87% projected drop as the real cost of ownership; buyers planning to keep it are buying years of 4070-tier service.

Against the alternatives

The two pricier OMEN seats ($1,508 and $1,593) bracket it from above; the two cheaper ones ($1,284 and $1,248) from below. What separates them at this tier is rarely the frame rate — the 4070 class delivers that — but chassis, screen and thermals, which the numbers here do not measure. The Legion's distinction is balance: class-typical compute, median-equal memory, and no delta-measured weakness against its peers.

Bottom line

For a buyer who wants the 4070 tier with 64GB behind it and no measured compromise against the class, this is a fairly priced premium seat — provided the entry price is understood as paying for the graphics tier, not for exotic compute, and provided the two-year depreciation is priced in.