Elfwine
The problem is while the Ottomans are a distant super-power ravaging the Balkans or conquering Egypt their a threat on the horizon but not significant for many rulers in western Europe.
If they start overrunning southern Italy, threatening Rome and with a lot more naval power in the western Med they become an immediate threat to a lot of people. This will focus a lot of attention on the Turkish threat.
If their doing this instead of conquering Hungary and/or Egypt it also means that when one of those states gets a strong ruler, both being conquered during periods of weakness, they also have other threats. Who will have a vested interest in helping defeat an over-stretched empire.
The Ottomans are the most powerful state in the west [using the wider meaning of that word] but they are only a single state. A number of their neighbours are powerful enough to at least give them a bloody tough fight when properly organised. Get too many of them motivated and things become very messy, even for the Ottoman war machine. Their not going to fall apart overnight but you could see a period of prolonged conflict on several fronts which drains a lot of their resources and prevents them making gains they made OTL.
Another factor may be economic. If they gain control of Sicily and Malta then they effectively monopolise trade with the east, a point that OTL they only achieved after the conquest of Egypt. This gives them strength in the short term and weakens Egypt economically but the likely use of this tool also gives a lot more nations motive to oppose them.
Steve
The problem is while the Ottomans are a distant super-power ravaging the Balkans or conquering Egypt their a threat on the horizon but not significant for many rulers in western Europe.
If they start overrunning southern Italy, threatening Rome and with a lot more naval power in the western Med they become an immediate threat to a lot of people. This will focus a lot of attention on the Turkish threat.
If their doing this instead of conquering Hungary and/or Egypt it also means that when one of those states gets a strong ruler, both being conquered during periods of weakness, they also have other threats. Who will have a vested interest in helping defeat an over-stretched empire.
The Ottomans are the most powerful state in the west [using the wider meaning of that word] but they are only a single state. A number of their neighbours are powerful enough to at least give them a bloody tough fight when properly organised. Get too many of them motivated and things become very messy, even for the Ottoman war machine. Their not going to fall apart overnight but you could see a period of prolonged conflict on several fronts which drains a lot of their resources and prevents them making gains they made OTL.
Another factor may be economic. If they gain control of Sicily and Malta then they effectively monopolise trade with the east, a point that OTL they only achieved after the conquest of Egypt. This gives them strength in the short term and weakens Egypt economically but the likely use of this tool also gives a lot more nations motive to oppose them.
Steve
At what point did it become "comparatively distant" to a state with its capital in Constantinople and control of the Balkans?
I'm not sure this is entirely true. Depending on what you define as "decline setting in", but Sicily took quite a while to fall and Southern Italy falling to the Normans was in a situation probably not going to come up here (possible, but unlikely to be duplicated in otherwise very different circumstances than the 11th century).
The Venetians that the Ottomans beat? The Spanish on the other side of the Mediterranean that will be caught up in half a dozen other projects? The lesser powers not even significant enough to name?
I'm not saying this is easy, but it is certainly easier than taking and holding Hungary or Egypt (or Mesopotamia).