Yes, another proprietary connector no better at it's task than the equivalent industry standard connector.
I lose headphones like crazy, and I'm not an audiophile, so my average spend on headphones is under $20
Also $200 isn't that expensive when talking about headphones.
There are other similar models around the same price. You don't have to spend $100+ to get similar audio quality to $20 headphones that happen to have Bluetooth as well. Bluetooth chips are stupid cheap these days, pairing that with a small battery really doesn't add much to the cost of normal cheap headphone equipment and you'll find plenty of pairs <$40.