Truly, it should have been a smartphone, their performant today is better than my 10 years old (totally fine) desktop
The fly in the ointment is battery life. Given only a single USB-C port on the phone and wanting to avoid having to find a hub with Display Port going one way and power the other, the glasses have to get powered from the phone itself.
Also worth pointing out that XReal themselves make a phonelike device for exactly this use case. No idea how good it is though.