What’s more, Meta will also reportedly stop production of the 128GB Quest 3 by mid-November – so when it sells out it won’t come back. Both current Quest 3 models (128GB and 512GB) will be discounted too.

Also notably changing from second to third-generation Quest headsets are each temple’s built-in speakers. The Quest 2 has one speaker per temple, whereas the Quest 3 has two — each positioned to deliver immersive 3D audio at 40% louder volume.

Meta Connect is right around the corner. We're confident that Meta will announce the new Quest 3s budget-friendly virtual reality headset. It sounds like a device that borrows some of the features from the older Quest 2 and the more expensive Quest 3 to create a headset with a lower financial barrier to entry.