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.