When it rolled out the 14-inch Blade in 2013, Razer touted it as the “world’s thinnest gaming laptop,” though it carried a weighty price tag of $1,799. That price has only swelled since, though the Blade Stealth Ultrabook has supplanted the Blade as the slimmest in Razer’s lineup. With its latest revamp, the Blade not only sheds ounces, but also dollars.

The new iteration makes the inevitable update to Intel’s latest processor family in the form of a Core i7 quad-core Skylake CPU (i7-6700HQ). Razer also upgrades the Blade’s graphics to the latest Nvidia GeForce GTX 970M discrete card and adds a Thunderbolt 3 port for those who want to use the company’s new Core external graphics solution. That enclosure will support select desktop graphics cards to give more juice for gaming or content creation when the Blade is sitting on a desk and not your lap.

Other premium specs include 16GB of DDR4 RAM, PCIe M.2 solid-state drives, and a Killer Wireless-AC Wi-Fi adapter. Remaining the same are the display (a 3,200×1,800 QHD+ touch-screen) and the thickness (0.7 inches), though the new Blade is even lighter at 4.25 pounds. While the Blade has all the power necessary for media creation, Razer is a gaming company, after all, so its latest notebook features gamer-friendly touches like an anti-ghosted keyboard with individually backlit keys whose color can be tweaked using Razer’s Chroma technology.

Not surprisingly given all this, the freshly sharpened Blade still costs a pretty penny. However, perhaps sensing that it costs too many pennies, Razer has given the laptop a price shave. The previous version started at $2,399.99, but now the new base Blade equipped with 256GB SSD is $400 cheaper. A version with a 512GB solid-state drive will run $2,199.99.