Here's everything included in the $5000 package:
Kolor software apps (Autopano Video Pro + Autopano Giga)
1x GoPro Omni Sync Rig
6x GoPro HERO4 Black Cameras
6x GoPro Rechargeable HERO4 Camera Batteries
6x GoPro Mini USB Cables
6x GoPro Lens Covers
6x 32GB microSD Cards
6x microSD USB Card Readers
1x GoPro Smart Remote
1x 7-Port USB Hub
1x Switronix Hypercore-98S Battery
1x Switronix GP-S V-Mount Battery Plate/Clamp
1x Switronix GP-LS Battery Charger
1x PowerTap to DC 2.5 x 5.5mm Cable
1x Waterproof Shipping Case
1x Plastic Tweezers
1x Microfiber Bag
1x 2.5mm Hex Key
Once you add all the microSD cards, Switronix battery solution, Kolor software, and plastic tweezers, the price seems more reasonable.
You can get a 6 or 7 camera 360 frame for about $500, but you won't have camera sync (which means subtle seams between cameras), and you won't have the external power option, which means replacing all those batteries every hour or so while you're shooting. $1500 is a little high, but it's an actually-professional solution, not a "cross your fingers and hope every camera is close enough" solution.
The camera sync and external battery make it worth it over the other solutions I've been looking at. Most of the gopro-shot VR/360 video I've seen (even the stuff featured on manufacturers' websites) have seams due to the cameras not being perfectly in sync.
At $30-$40 per month, I don't know that it'll be worth it, especially if it's live streaming only, without time shifting/on-demand viewing. When you add in internet service ($40-$70/mo), on top of Netflix ($9 or whatever), on top of HBO Now ($15)... you're getting to the same price as a cable/internet package.
It's not too difficult to get a good price for TV + internet. I'm paying $100/mo for digital basic with HBO and 75/10 internet. You just have to call to cancel your TV service once a year, mention Game of Thrones, and they'll basically bend over backwards to keep you as a subscriber.
Yeah, it's annoying that you have to do that, but one 30 minute phone call once a year will save you hundreds of dollars over the course of the year.