The tech is workable. The issue is the AVP is heavy and big. So I'd say we're still at the Motorola brick phone not even the Nokia stage yet. Shrink the AVP down to glasses size and I'll agree on the Nokia analogy.
VR gaming is a niche even among hardcore gamers. There’s some value in spatial computing for just being a more ergonomic way to do computer stuff (i.e. not being in a fixed position all day, being able to walk around while you work) but it’d need to be able to hit everything a Mac can do with no compromises to be worth it at that price (and at the cost of making you look goofy). So far it seems like it’s only found real utility in some very specific industrial and scientific research contexts, which is very cool but probably isn’t the lane a mass market consumer products manufacturer wants as their play long-term.