Its an apple product, I don't feel like wasting money on overpriced closed source garbage

If it’s anything like my other VR headsets the novelty wears off in 10.. this runs dangerously close to not getting to the bottom of my cupboard with all the other shithouse headsets

It's Apple. I expected nothing less than the most ridiculously priced products to be produced by them. So the figure is eye watering but expected. If these sellout, as some predict, it proves unequivocally that Apple fanboys are the most rabid idiots in existence.

Careful there, that's about the amount of time it takes to realize that it's just a gimmick that has no use in your personal life, and very narrow industrial application. They might actually lose potential buyers rather than gain some.

Is this VR or AR or both? And how robust is the actual software support?

Technology used to be more about solving a problem or making something difficult easier. This thing has no real use beyond "neat". But that Apple logo holds some very powerful magic for certain people.

can I put expensive wheels on it?

I reckon this is a proof of concept model. It doesn’t yet have the onboard oomph to do graphics and games yet, so they’re positioning it as a spatial display.

This will probably be more limited than the v1 iPad, definitely for early adopters.