But that's the point. If you're super price conscious and a student, it's only $499! Typing a password is not a big deal compared to $100 for some people.
But if you want convenience, it's $599. Which helps subsidize the $499 price.
Product differentiation like this is what enables the cheaper price to begin with.
Used to own Yubikey before fingerprint scanners were a thing. I don't see the appeal now, to be honest. I considered it now that I use Asahi on my M1 with no support for TouchID, but still just type in the password because I couldn't be bothered with Yubikey.
Or I'm missing something?