It's more than good enough for CPU imo but the GPU is going to really struggle. I think though most people just want onboard processing for the foveated streaming support and plan to use it with an actual PC, where I've heard the headset is extremely comfortable and lightweight despite what is then an overspecced processor

For standalone it should be faster than a Quest 3, so I think it's a stretch to call it outdated, it's still not great though

I can already run cyberpunk on my pc. I want this so I can now see it in VR in higher quality than my current headset, wirelessly, with a much less bulky format.

It might be outdated, but it won't be overpriced. Meta made it clear their next headset will not be subsidised. And Pico are saying their next headset will be a Apple Vision Pro competitor.