Sucks they bought up most things but those devs chose that option and I can't fault them since lets be honest here, VR market is utter garbage, there is very little money in it. I don't like meta, they fucking suck but the quest series has basically provided the option of the common person to actually try vr. Not many people want to spend close to 1k to 2k on a thing they will maybe fucking hate. I wouldn't say they are the sole reason its dogshit but the reality is people need an entry point headset. The market wasn't providing that and now that it does, people can finally get into VR even though it may lead to technical downgrades since the market is targeting those users.
Hell even though the PSVR 2 is a fantastic headset, most console gamers aren't going to spend more money on a peripheral than they actually spend on the console they are playing it on. Hell I would love Sony to give the drivers to PSVR 2 to pc players since shit a bang for your buck for specs but that ain't happening.