If you're willing to put a little time into video editing, a 360 cam is great. The insta360 tools can make that a little easier if you want something simple.

If you just want to store a snapshot of the moment as it was captured, a regular camera that you pointed in the right direction is better.

The downside is the 360 editing tools are kind of sluggish and not great to work with, and even at 8k res in-camera, the export for a 'normal' looking FoV is pretty low quality compared to a normal action cam recording in 4k.

I have an insta360 X5, it's neat and there's a lot of flexibility, but it does have downsides.

The app is also a pile of crap, it's crammed full of ads, social media junk I don't want, it's slow as molasses, and the size of the app is massive.

I'd love to film in 3d. But being dependent on a single app of a single company (that is not even a good app right now) is literally the worst feature for a hardware I could imagine.