It's a VR headset that's $549, requires a $500 system to go with it, is stuck on a single platform, and still requires a cable to use. All during an impending recession. Sony literally hasn't even been able to sell out of preorders.
You might be right about it being reminiscent of the Kinect, but not for the reasons you think.
Let's go through these one by one:
Starting with price. First, we have to address the fact that the PSVR2 is actually cheaper than the PSVR1.
It was 400 dollars but did not include a camera or move controllers. When you include the total price, that brought it up to $560. People conveniently like to leave that out for some reason. Sony didn't include these because there were people who already owned these devices, and they could buy them separately. No one owns sense controllers and PSVR2 doesn't require a camera.
So, it's already more expensive, but let's go a step further. PSVR1 launched in 2016. 560 dollars in 2016 is the equivalent of $700 dollars...
The reality is that the PSVR2 is significantly cheaper...
The PS5 is also considerably cheaper than the PS4, and I like how you've even ignored the 400-dollar digital option to lower the barrier of entry. But that's not really how the barrier of entry works here. Most understand that you have minimum requirements for entry. As people have mentioned no one calculates the price of a tv when considering the price of a console. It's an assumed cost, but again no more a barrier of entry than the PS4 and PSVR1.
Stuck on a single platform. Potentially. I think there is still room for Sony to mature their PC ecosystem and I think that could involve PSVR2, we'll have to see. I think Spider-Man has given us clues that Sony is in fact planning a PC PlayStation Launcher. It's still speculation, but I think it has fair odds of coming to reality. Sony holds things pretty close to the chest and certainly isn't announcing big moves before the ABK deal finalizes.
Still requires cables. So did the PSVR1 and that was a mess and people bought it. That the PSVR2 uses a single thin usb c cable isn't a negative against it compared to the PSVR1.
You realize that the tune on recession is already changing. Enough people have said that a recession is going to happen and that we've all assumed we're already in one. We've gone from a catastrophic recession to maybe a mild recession or even a soft landing.
Sony hasn't sold out of pre-orders for a device that is expensive and people want more hands on with or at least more hands on reviews? This isn't hogwarts legacy we're talking about here. This is 550 bones basically sight unseen. I have a casual interest in PSVR2, but you haven't seen me pre-order. It would likely come down to whether or not I want to get GT7 and put together a racing kit, but now we're talking about like 2K dollars plus.