I still use my original rift for sim racing. It's brilliant, and much more convenient than trying to setup 3 or 4 monitors instead.

I have no interest in a metaverse or social vr activities.

On its own, with consistent simple hardware improvements the CV1 would have been a decently profitable business by most other companies' standards and done well enough to keep going.

Facebook/SV trying to turn VR into something it's not ready to be, and that nobody is particularly interested in, in the hope of turning it into a mega multi billion dollar venture worthy of them is what has made it no fun and is just wasted money.