Yes, but still with Quest being what it is, I hope it stays supported with new great games with optimal performance for a long time. I don't want them to put out Quest 2 next year like it's a flagship phone model and have every developer make games that only work on 2 or only perform optimally on 2 (though running in higher resolution with better effects and shit would be fine, as long as the experience on the current isn't crappy looking and done in haste without making sure it's cool like current ports) by virtue of the 2x+ performance.
That would suck and not make me confident for the new model getting supported once yet another model arrives if they intend to make them so replaceable so soon, I wouldn't like it even if I had the better model. I'm not gonna say 5 years like a console cycle but they should at least give it a couple years or so between upgrades. Maybe increase the resolution so that a lot of the extra power goes into driving the better resolution on games available on both rather than only enable games the first can't have at all. Etc.
It would be understandable if more games could be ported to the newer models as well but that shouldn't be the norm with the original being left in the dust in terms of exciting new releases, it should be the occasional port only, with most coming to both.
Then the third model a couple more years later does the same for the second model while the first model is then finally left in the dust (but still many developers could continue supporting it occasionally like so many mobile games work on older phones) without having its life cut too short.
I'd probably have jumped on it on this price point without waiting for sale had it used a higher end chipset and indeed I'm sure many more games could have been ported well (and the current even better) with such a chipset. So yeah future iterations will be HOT (HOTTER).
Then again mobile phones with these high end cpus usually cost much more than the Quest and that's without having the niche VR tech in them (but still many these days come with multiple cameras and lots of motion related innards etc, plus the touch aspect not needed here).