Will it, though? Of course you could build a home theater with better sound, but I'd bet that the spatial audio built into AirPods delivers better sound that most peoples' home theater setups (which is generally just a TV with built in sound or a mediocre soundbar).
Also not everyone lives in a house, I’m sure Manhattan condo owners can afford the price of the theatre gear, but cannot afford the space required for them to be used optimally. Wealthy people don’t all live in mansions.
There are many many people for whom money is not the limiting factor. It's because they don't have the space, the technical wherewithal to set it up, the motivation to make it happen, or some combination of all three.
can't imagine people will only be buying it for movie watching.
And you’ll need a Vision Pro for each person watching.
But I'm sympathetic to the social-watching issue. I don't love the idea of watching movies in a headset while my wife sits next to me on the sofa doing something else (or even watching the same movie on a screen). But I also don't love the idea of buying two. (And that's without even thinking about larger families.)
I think home theater will be a big part of the appeal, but it won't succeed if replacing a home theater is the only thing it does well.
The Sonos w/ sub + rear surrounds and an 85" OLED TV with these latencies will put you in the price point of this thing.
If you're apart, both people would need a room, TV, and Sonos system to share the experience. So each has that "need one per person" problem depending whether colocated or not.
You can’t replicate true surround sound with stereo headphones. You can with binaural audio but that requires specialized recordings. I’m sure spatial audio sounds cool but it’s not true surround sound.
And then there’s the problem of low frequencies. You can’t beat a subwoofer.
But does everyone have the space/room dimensions to have a proper surround sound setup? Pesky physics restrict you here as well.
There's many reasons that people warn newbies not to mix or master on cans and to use speakers.
For people who care about going beyond stereo, budget is going to be a much larger problem for most folks than space or technical knowhow. And anybody who cares about going beyond stereo probably cares about quality.