Can’t say I share your sentiment. I’ve been quite happy with their rate of progress over the years and the applications they offer. I’ve been using them since they only offered mail and haven’t ever had any issues. I’d rather them take their time to do things right then try to release new things at a frantic pass. While they might not have all the bells and whistles, for the average user I think they provide more than enough value.
They redesigned their Android app and missed the promised deadline TWICE and took 2 YEARS to release it. Now they're working on the Android remake, to add threaded view, to finally catch up to year 2023. Already missed the deadline once.
Also, your pricing is just completely wrong and off base. Pass by itself is $5/month ONLY if you pay per month. If you pay for 1 year worth it’s $4 a month and $3 month if you pay for 2 years. And that’s only if you for some reason only want to pay for proton pass.
It's $5 when I add it onto my Mail Plus for 12 months. Not sure what country you're from, but it's $5 in my country.
Likewise, if you’re paying $120 year for protonmail then you’re most likely on the proton unlimited bundle for $10 per month paying for 1 years worth at a time. In that case you already have access to proton pass (and in fact all of their proton apps and premium features), so I’m not sure why you think you need to pay again for proton pass.
Again, I am on Proton Plus. The second highest tier. The next tier is Proton Business, and it doesn't go higher than that. I need more than 3 measely custom domains, so instead of ProtonMail offering the ability to pay for just more custom domains, they nickel and dime you and force you to pay for the business account. Like I said in my initial comment, they are money grubbing.
edit: I should also note, you don’t have to pay for any of their services. You could get by just using the free versions of everything if you didn’t need the extra bells and whistles offered for paying customers.
Except the features BitWarden hides behind a $1/month subscription, Proton locks behind a $5/month subscription. So unless I want to switch from BitWarden to ProtonPass and LOSE features, then yes, I do.