This is similar yo my thinking.People whining about the price should try price up the components individually based on other products on the market and compare.
It has an M2 in it, 16 GB of RAM, two cutting edge displays, a large array of sensors, a bespoke sensor processing chip, etc.
Its basically a high end macbook air with more tech in it, including the R1, more cameras, more advanced displays, etc.
It isn’t an oculus quest.