So I was able to preorder the Switch from Target and my credit card was authorized for the full amount. The authorization dropped off earlier this week and I woke up today and checked my credit card balance as one should always do and noticed my card was authorized again for the Switch. I called my issuing bank and asked them about the authorization and they said it was authorized again this morning. I called Target CS and asked them about the authorization and asked if this will be a reoccurring transaction, the rep said that yes. This will keep happening until the item is shipped. So just an FYI to everyone who ordered from Target not to be worried and to prepare yourself and your funds.