It looks great, especially because of this. It reminds me a bit of some Wii games.
That's spot on. Because of the cartoony style it really does feel like you're inside a Nintendo game.
I think cost is holding them back. The hardware on the Quest limited developers in what they can build, but it is the cheapest and most popular platform. Meanwhile developers could build something incredible (looking at you Half Life Alyx) but there aren't as many users because it's much more expensive.
The next gen VR standalone headsets are going to attract the big titles I think.