I honestly think you are being somewhat overly dramatic by now.
We do not know if and when Apple and/or Valve are releasing an HMD and we know absolutely nothing of their possible feature sets and price. There are rumours but there have been rumours for years.
The Crystal will be Pimax’s Aero; roughly two years later to market than the Aero but apparently with some meaningful improvements over its competitor (FOV, colors, contrast) whilst maintaing some Pimax disadvantages (prototype stage, feature incomplete, build quality good but not excellent, expected modular shenanigans). I would expect Amazon.de availability some time in the summer of 23 and will most definitely give it a go to compare to my VR-3 (for which I have to renew an annual subscription of around €800 around that time).
I do not think I will keep the Crystal though as I consider its main disadvantage to be the form factor of the 12K housing, which is useless for a narrow FOV HMD and a development concession.
I do not know where the Portal idea will lead but maybe this is something that is enjoyed mainly by the Chinese market itself - it is entirely outside my interest.
The 12K I am sure will release at some point and a lot of the ground work is ‘financed’ by Crystal sales as the two HMDs are said to share a common basis. It will continue to be a tinker HMD as Pimax apparently chose to remain a tinker company.
I think that is absolutely ok and I appreciate that a company that is led by engineers and tinkerers manages to get the funding they apparently do manage to source.
It only starts getting tedious to deal with Pimax when you forget about this aspect; don’t take their word for anything, don’t preorder, don’t do trade-ins for future products, coupons etc. but also don’t get frustrated by having unrealistic expectations. This communication inbalance has always been Pimax’ weak side and it will not change unless management changes.
Take them as the tinker shop they are, enjoy the risks they take and let’s try and be somwhat appreciative of what so far, they have managed to achieve: a viable alternative to low risk mainstream vendors which comes at the cost of treating it like an evolved DIY project that can absolutely achieve memorable VR experiences.