Initially, I had the 128 version but I sold it and got the 256 version, which is the same except for the storage. I have spent several hours on Oculus Quest/Pico4, a little time on Quest 2/PSVR, and a few hours on Oculus Rift.

Pros:
1. High resolution compared to the competition.
2. Pancake lenses instead of fresnel.
3. Comfortable, very well-balanced on the head, as the battery is at the back while the relatively thin screen protrudes slightly.
4. Large battery, lasts for a couple of hours in gameplay.
5. The menu is a copy from Quest 2, which is well-designed.
6. Improved hand tracking in the latest versions.
7. AA batteries in the controllers last longer than in Quest 1.
8. Built-in passthrough camera.
9. Competitive price.
10. No need for a Facebook account.
11. Epic internal fan that prevents lens fogging. A big problem with Quest when I played Half-Life Alyx for hours wearing glasses and couldn't see clearly. Some people claim it dries their eyes, but for me, it's a great discovery.
12. Excellent built-in speakers above the ears with a great surround sound sensation and pseudo-bass.

Cons:
a. Non-OLED screen, it is perfect in bright environments but in dark environments with very bright objects in the center, it produces intense lens flare, which is annoying.
b. Lack of headphone jack. Although I bought a USB-C to 3.5mm adapter, I can't charge and use headphones at the same time unless I get an adapter with a power input, which is not as elegant.
c. Double tap on the side to activate the camera and see the room is problematic and rarely works.
d. The store is still small compared to Meta, but new titles are constantly being added. However, there are enough titles to keep you occupied until more are released.
e. Although the face mask is adjustable, it could be black or slightly softer for a better fit, although it can be replaced with a more custom one.

Connectivity for PCVR (via VirtualDesktop):
1. Ad-Hoc (Mobile Hotspot on Windows) with the computer's Wi-Fi card. My card is AX210 Wifi 6E, and it connected at 250mbps with 5GHz, which was not enough because it was not stable and had interruptions, while with 2.4GHz, it had many interruptions.
2. With a USB-C to USB-C 100watt 20GBps 5-meter cable, it worked fine at 895mbps.
3. I bought an Asus TUF-AX5400 router, and it connects at 1200mbps, and I don't experience any lag or interruptions. It is by far the best wireless experience without cables and interruptions. I think a cheap wifi6 router/AP, without other devices on the 5GHz band and close to the VR, can have equally good results.

In summary:
If you want Android VR games, go for the Quest (for now and probably for a long time).
If you want some good Android VR games and PCVR without hesitation, go for Pico due to better hardware.
If you only want PCVR, it is an excellent economical choice despite the lack of OLED.

Games I want to try on PCVR:
Cyberpunk2077
Red Dead Redemption 2
Alien Isolation

I have it and I can say a few things, 1 is better construction than the Quest 2,
also to run games from the PC you need a very good PC, so before you get VR, see what your PC can handle

Amazing experience with it, first time in real VR, it's worth its price and more!
Half Life: Alyx with a powerful PC is something else!
Bought it this month for 450 Euros!