Nor would I. However coming from another VR HMD, the DK2, which was a much cheaper device and provides a comparable experience (arguably better in some areas) I cannot say that it is worth every penny at all. I'm honestly considering getting rid of my CV1 and keeping the DK2 at the moment - I would do this in a heart beat if future compatibility was guaranteed for the DK2. I find the DK2 a more comfortable device, it lacks god rays and only has a slightly poorer perceived resolution and SDE than the CV1, making it, in my eyes the better bit of kit per UK pound of the two.
The ONLY things I would miss about the CV1 is the 360 tracking and longer cable, for £500 that ain't good value. I'm pretty disappointed by the CV1 in all honesty.
Actually, As much as I like my CV1 and consider it a significant upgrade over the DK2 over all and worth the extra 250 quid.... in ED specifically I think you have a point. Of all the apps and games I have tried in DK2 and CV1, for me Elite is probably the least "biggest" jump in quality, and with probably the biggest negative (godrays in ED are more noticeable than any other app I have tried)