"It offers 2K specs for a burner-phone price, with the predictable compromises."
The 'Free Cloud Storage' spec means the service will store your video for free, but it will downgrade your 2K footage to low-resolution Standard Definition unless you pay a subscription fee.
This is for someone needing a disposable camera for a low-consequence area, who understands they are buying hardware with no long-term support. For local, high-res recording, you must supply your own SD card and ignore the cloud service.
Anyone needing reliable security, intelligent notifications that can distinguish a person from a passing car, or footage that remains high-resolution in the cloud without a fee. If you expect a product to be supported a year from now, look elsewhere.