Right off the bat, you'll notice this isn't the Meta Quest 4. Instead, it's a more entry-level alternative to the Meta Quest 3, like the Xbox Series S is to the Series X. At best, it's $200 cheaper ...
Firstly, they're not cheap. Unlike the Google Cardboard devices that helped you strap your smartphone to your head, a dedicated VR headset is a decent investment at nearly the cost of a games console.