Some of their tech is awesome (as confirmed by friends who have tried it), but they are struggling to solve the final technical issues and get it to market.
The AR mapping looked like what snapchat had a year ago.
The Magic Leap One does not fulfill the brand promise that garnered the company all the VC it has. That would make it vaporware.
I guess at this point leapmotion is far enough in the past that it's meager ripples have basically vanished.
Honestly, I'm embarrassed I was taken in by the hubris, a little thought about how practical it would be should have been enough. The later firmware did improve it, but sitting waving hands is so inefficient. Hey ho.