I'm going to give it a go. I completely agree that if one part fails, the whole thing fails. However, if you build a system yourself when one thing fails, your whole AP/VA system fails until you get it fixed as well. It's not like you can do AP/VA without a camera or a PC. Are the components easily replaceable by the user? Yes, but you still have to have something to replace it with or just be down until you get it fixed. We'll just have to wait and see what the customer support/service is like if something ever happens *knock on wood*.
As for the FOV, depends on what you call wide and what sort of magnification setting you're using, since the magnification is variable (50/100/150). I would assume the magnification is digital rather than optical given the construction of the telescope as you can't really change the focal length. You're right, it's not a very large scope. It's a 4.5" primary and a 450mm focal length. It uses a Sony IMX224, 1.2MP sensor and has a micro-OLED display. You wouldn't be able to get the entirety of Andromeda, Orion or even the Rosette nebula, but there are a lot of smaller galaxies and nebulae that will fit extremely well in the eyepiece. Is it hardware future proof? No. I can't imagine you'll be upgrading the sensor or the display. Software wise though, it's all controlled by an app on your phone which should be easy enough to update. I imagine there would be a way to flash the software on the telescope itself as well, if necessary though. They obviously haven't released full details as the entire project is still in development.
You can certainly build a similar system, however, I doubt you'd be able to get anything quite as compact as this. And you really need to compare apples to apples when looking at cost. You'd have to get a scope, a tracking EQ or Alt/Az mount with a tripod, a camera, a power supply, a PC, and the software and cables to hook it all up and run it and process the images in real time. And you'll probably also need a guide scope and camera for that as well. You're probably looking at a $1750 (or £1300) at least. And that's just for barebones, no frills, small scope, low end tech specs and it's going to be a lot of stuff to carry around.
Yes, Kickstarter's are generally a throw of the dice, but you really need to look at who's involved and how it's being managed and make a sound judgement from that. With SETI throwing their name on it, with all the publicity that it has right now, all the tech demos they're doing, and with the people who are managing it and their credentials on the line, it seems pretty legit.