This is in line with my anecdotal experience. A few of my coworkers got Oculus go when it first came out, and all of them ended up returning it. The only thing it seems to be good for is watching normal non-VR content, which they don't need a VR headset for. It doesn't have enough power for gaming.

I could see it being useful like, on airplanes or something, but I don't think we're at a place yet socially where someone could wear a VR headset on a plane and not look like a weirdo/pervert.