At this point I accept that Valve probably can't compete with the billions poured into the Meta Quest 3, but I'm glad they understand there's an enthusiastic audience for whatever they do next.
It seems like one of the most conspicuous contributors to recent Linux fixes works for a consulting firm presumably contracted by Valve, so it definitely seems like a coordinated effort in preparation for... something.
It's a nice tool to have around anyway. Even for my windows VR PC. The power at my house went out yesterday and the base stations restarted into a fully on state. I didn't have to turn on the VR PC to turn them back off, just had to open Lighthouse PM.