I like LPVO. Not a fan of magnifiers behind a red dot, or fixed mag optics on ARs.
I had an Aimpoint 3x magnifier in a flip to side mount, I ditched it after a year of use.
I had a 4x Trijicon ACOG - traded it for a Trijicon SRS red dot sight.
I started with a 1-6 Strike Eagle and found I liked the concept, but not that specific optic.
I now have three LPVO:
• Two Steiner P4Xi 1-4 - each on an AR
• One Trijicon Accupower 1-4 on a Ruger American 5.56 boltgun
I got each of then on sale and each cost me under $400 without a mount (expect to pay another $100-$200 for a quality mount).
If you break out of the $300-$400 optic range (base price, not sale price), you get a better optic for less weight.
I found the budget LPVO are nice to dip your toes into the category as you get a lot of value for little cost. It lets you experiment a bit and see what you like. Then, if you find yourself seeing them as a benefit, research what options you want and look for an upgrade. You will get better glass, better eye relief, better focus range, and lighter overall weight, with the higher quality options.