Looking good, Collectorvision. It will be terrific to have a modern, expanded, working console for Colecovision releases, providing everything that a fan of this era of retro gaming needs.
I hope you can meet your goal and therefore meet the $200ish price point. I've been continually impressed by the work being done by programmers (here at this site!) for the Colecovision system today. Turns out that Colecovision hardware is capable of miracles, given a little help (and the expanded power of the Super Game Module or this console).
I don't think that $230K is too much to ask - obviously it's not cheap to produce a new, full console in bulk, so that sounds about right. Is it doable? Well, I regularly see Kickstarters for card games, board games and video games break the $500k mark, if they go viral.
I do think this console needs our help to go viral outside of our own little community, and I hope people will share this link on every social media they've got so the Kickstarter has a better chance of succeeding.