$1200 is stupid expensive, my Fenix 6 Pro was half that. The F6P was worth every one of those 60,000 pennies, which is coincidentally approximately how many hours I've worn it since purchasing it in 2018.
I always leave my phone at home for running, biking, hiking, kayaking, etc: not being tethered is part of the appeal.
The subscriptions for this new one or for InReach are infuriating, and they even recently made it worse because you can no longer effectively deactivate it. I only do 3 or 4 real backcountry expeditions in a year, I don't need this activated for 12 months.
I used to carry an InReach until the MBAs decided I was cheating them out of surplus cash that they could demand. Now I have an ACR PLB1 instead, no subscription but it can still call in the cavalry if I break my ankle twenty miles from civilization.
I would buy this if (honestly, when) the price drops by half, or better yet the Enduro version with a MIP screen. Some rich sucker will probably want to trade theirs in when the $3000 Fenix 9 Supreme comes out....