As a trail runner it’s been weird to watch. Nike ACG has been putting out some seriously good, cutting edge equipment. Ultrafly is a great shoe, as is the Pegasus trail for road-to-trail they’ve also got some neat cooling tech that I don’t have personal experience with.

Project Oregon left a bad taste in a lot of people’s mouth. It feels like right when they recovered their image with runners they are losing mass appeal.

Runners are not even like 20-30% of the buyers of such shoes I'd wager. Most people buying a cushioned On, Hoka, or Nike running shoe are just looking for a shoe that's comfortable and versatile

Exactly. And there is a lot of other alternatives in this space, check the guides at https://runrepeat.com/