As for not making things dark, yes that's true. You can of course tint the glasses or use an extra layer to darken the outside world, or you can really crank the brightness causes the user's iris to contract creating the impression of higher contrast in the dark regions. Best option is to combine the approaches with a camera observing the environment, which can even be done on a per-pixel basis as in the paper I helped write [1]
As for power/performance, it's all a matter of desired form factor. If you don't mind a cable to an arm or hip attached android device, you can have everything you need right now. Alternatively there's the Hololens style huge headset. But if you want slimline glasses yes you'll be waiting a few years.
A lot a people are bearish on the future of AR and I can appreciate that viewpoint, but the arguments you've brought for it are at best half true and I hope readers don't see this and think any of these problems are unsolvable (or indeed, haven't already been solved)
[0] https://tech.moverio.epson.com/en/bt-300/ [1] http://ieeexplore.ieee.org/document/7523376/