It is an amazing piece of tech at a price lower than the BOM. I own one myself and can't blame anyone else that likes it too. The dissonance is still too strong.
I don’t get it. Most people. The vast majority, won’t ever spend $700-ish on any thing that isn’t proven, incredibly popular, and has limited functionality. On top of that, as you stated, the higher priced VRs required a high end PC (maybe Windows?). Then a bit below that I think some were or are available for the latest Xbox and PlayStation consoles. Isn’t very other VR set up not too cheap with no external requirements?
The average person in first word countries doesn’t have a ton of spare money. The majority of people don’t. How is being financially elitist about VR better than what FB did?