diff --git a/src/context.ts b/src/context.ts
index f683e6b52f..cf8862df39 100644
--- a/src/context.ts
+++ b/src/context.ts
@@ -10,7 +10,7 @@ import type { ServerMiddleware } from './server/middleware'
 
 export interface NitroContext {
   timing: boolean
-  inlineChunks: boolean
+  inlineDynamicImports: boolean
   minify: boolean
   sourceMap: boolean
   externals: boolean | NodeExternalsOptions
@@ -62,18 +62,18 @@ export type NitroPreset = NitroInput | ((input: NitroInput) => NitroInput)
 
 export function getNitroContext (nuxtOptions: NuxtOptions, input: NitroInput): NitroContext {
   const defaults: NitroContext = {
-    timing: true,
-    inlineChunks: true,
-    minify: true,
-    sourceMap: false,
-    externals: false,
-    analyze: false,
+    timing: undefined,
+    inlineDynamicImports: undefined,
+    minify: undefined,
+    sourceMap: undefined,
+    externals: undefined,
+    analyze: undefined,
     entry: undefined,
     node: undefined,
     preset: undefined,
     rollupConfig: undefined,
     renderer: undefined,
-    serveStatic: false,
+    serveStatic: undefined,
     middleware: [],
     scannedMiddleware: [],
     ignore: [],
diff --git a/src/presets/azure.ts b/src/presets/azure.ts
index 4f2bff248d..3f26610e58 100644
--- a/src/presets/azure.ts
+++ b/src/presets/azure.ts
@@ -6,7 +6,6 @@ import { writeFile } from '../utils'
 import { NitroPreset, NitroContext } from '../context'
 
 export const azure: NitroPreset = {
-  inlineChunks: false,
   entry: '{{ _internal.runtimeDir }}/entries/azure',
   output: {
     serverDir: '{{ output.dir }}/server/functions'
diff --git a/src/presets/azure_functions.ts b/src/presets/azure_functions.ts
index 3ba08dac28..fe664de2a8 100644
--- a/src/presets/azure_functions.ts
+++ b/src/presets/azure_functions.ts
@@ -7,7 +7,6 @@ import { NitroPreset, NitroContext } from '../context'
 
 // eslint-disable-next-line
 export const azure_functions: NitroPreset = {
-  inlineChunks: false,
   serveStatic: true,
   entry: '{{ _internal.runtimeDir }}/entries/azure_functions',
   hooks: {
diff --git a/src/presets/cli.ts b/src/presets/cli.ts
index 96c9045147..376cc67a0e 100644
--- a/src/presets/cli.ts
+++ b/src/presets/cli.ts
@@ -5,8 +5,6 @@ import { node } from './node'
 
 export const cli: NitroPreset = extendPreset(node, {
   entry: '{{ _internal.runtimeDir }}/entries/cli',
-  externals: true,
-  inlineChunks: true,
   hooks: {
     'nitro:compiled' ({ output }: NitroContext) {
       consola.info('Run with `node ' + prettyPath(output.serverDir) + ' [route]`')
diff --git a/src/presets/dev.ts b/src/presets/dev.ts
index 151e6e56b5..c74ad616bd 100644
--- a/src/presets/dev.ts
+++ b/src/presets/dev.ts
@@ -7,9 +7,7 @@ export const dev: NitroPreset = extendPreset(node, {
   output: {
     serverDir: '{{ _nuxt.buildDir }}/nitro'
   },
-  minify: false,
   externals: { trace: false },
-  inlineChunks: true,
-  timing: false,
+  inlineDynamicImports: true, // externals plugin limitation
   sourceMap: true
 })
diff --git a/src/presets/firebase.ts b/src/presets/firebase.ts
index 536aa577fb..4a5a9f2a5e 100644
--- a/src/presets/firebase.ts
+++ b/src/presets/firebase.ts
@@ -7,7 +7,6 @@ import { writeFile } from '../utils'
 import { NitroPreset, NitroContext } from '../context'
 
 export const firebase: NitroPreset = {
-  inlineChunks: false,
   entry: '{{ _internal.runtimeDir }}/entries/firebase',
   hooks: {
     async 'nitro:compiled' (ctx: NitroContext) {
diff --git a/src/presets/lambda.ts b/src/presets/lambda.ts
index 318b3b5c01..36b6158fa3 100644
--- a/src/presets/lambda.ts
+++ b/src/presets/lambda.ts
@@ -3,5 +3,5 @@ import { NitroPreset } from '../context'
 
 export const lambda: NitroPreset = {
   entry: '{{ _internal.runtimeDir }}/entries/lambda',
-  inlineChunks: false
+  externals: true
 }
diff --git a/src/presets/netlify.ts b/src/presets/netlify.ts
index a707563e9c..b1e2919426 100644
--- a/src/presets/netlify.ts
+++ b/src/presets/netlify.ts
@@ -3,7 +3,6 @@ import { NitroPreset } from '../context'
 import { lambda } from './lambda'
 
 export const netlify: NitroPreset = extendPreset(lambda, {
-  // @ts-ignore
   output: {
     publicDir: '{{ _nuxt.rootDir }}/dist'
   },
diff --git a/src/presets/node.ts b/src/presets/node.ts
index 8e6719960b..a3230d6be3 100644
--- a/src/presets/node.ts
+++ b/src/presets/node.ts
@@ -2,5 +2,5 @@ import { NitroPreset } from '../context'
 
 export const node: NitroPreset = {
   entry: '{{ _internal.runtimeDir }}/entries/node',
-  inlineChunks: false
+  externals: true
 }
diff --git a/src/presets/server.ts b/src/presets/server.ts
index 7439b3c25e..468ea4081f 100644
--- a/src/presets/server.ts
+++ b/src/presets/server.ts
@@ -5,10 +5,7 @@ import { node } from './node'
 
 export const server: NitroPreset = extendPreset(node, {
   entry: '{{ _internal.runtimeDir }}/entries/server',
-  externals: false,
-  inlineChunks: false,
   serveStatic: true,
-  minify: false,
   hooks: {
     'nitro:compiled' ({ output }: NitroContext) {
       consola.success('Ready to run', hl('node ' + prettyPath(output.serverDir)))
diff --git a/src/presets/worker.ts b/src/presets/worker.ts
index e235567080..2e082ea141 100644
--- a/src/presets/worker.ts
+++ b/src/presets/worker.ts
@@ -3,6 +3,8 @@ import { NitroPreset, NitroContext } from '../context'
 export const worker: NitroPreset = {
   entry: null, // Abstract
   node: false,
+  minify: true,
+  inlineDynamicImports: true, // iffe does not support code-splitting
   hooks: {
     'nitro:rollup:before' ({ rollupConfig }: NitroContext) {
       rollupConfig.output.format = 'iife'
diff --git a/src/rollup/config.ts b/src/rollup/config.ts
index 33db6b65d9..b293d3b59f 100644
--- a/src/rollup/config.ts
+++ b/src/rollup/config.ts
@@ -84,7 +84,7 @@ export const getRollupConfig = (nitroContext: NitroContext) => {
         }
         return join('chunks', prefix, '[name].js')
       },
-      inlineDynamicImports: nitroContext.inlineChunks,
+      inlineDynamicImports: nitroContext.inlineDynamicImports,
       format: 'cjs',
       exports: 'auto',
       intro: '',
@@ -135,7 +135,7 @@ export const getRollupConfig = (nitroContext: NitroContext) => {
   // Dynamic Require Support
   rollupConfig.plugins.push(dynamicRequire({
     dir: resolve(nitroContext._nuxt.buildDir, 'dist/server'),
-    inline: nitroContext.node === false || nitroContext.inlineChunks,
+    inline: nitroContext.node === false || nitroContext.inlineDynamicImports,
     globbyOptions: {
       ignore: [
         'server.js'