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I think offering a cheaper version is a good idea. Probably gets more people to try it out and if they like it they might buy the more expensive version at some point.
Many people probably don't want to spend too much money on stuff like that without trying it out first.
Maybe if it's even cheaper in a few months or so, I might actually consider buying one to try out VR.
RE: Meta announced a new cheaper VR headset, Quest 3S starting at only $300 or €340 in Europe, same processor as Quest 3 but worse lenses. Steal?