Teenage Engineering has an aesthetic energy to it I would be surprised if FAANG can easily duplicate
The whole point of this interface is to be minimal, to be less, to be un-intensive & simple. Its a pleasure that it's a embodied in a high end crafted object, but also, so what?
Meanwhile the actual object of concern, what we interface with, is highly virtual. And it's incredibly hard to judge from afar what Rabbits offering is here. It's a huge unknown quantity how much this would really help in life. Especially weighed against whether it's justified as yet another object to carry.