Much better than $3,500, but still expensive at $1,500. Make it $1,000 at most for the non-pro Vision headset.This could be priced at $1,500 but be powered by two 2k instead of 4k displays. Furthermore, some households will have several iPhones and it would be financially easier to justify a monitor/VR headset that can be complimentary to several iPhones.
Meta Quest 3 is overall a decent headset and it's only $500, so I bet Apple can make a better headset than that for under $1,000.