Those parents can choose from the many dumb phones already on the market that cost under $100. Why on earth would someone who isn't specifically nostalgic about Commodore products spend $500 for this specific dumb phone?
https://www.independent.co.uk/extras/indybest/gadgets-tech/b...
You can't do video calls on those sub $100 phones though.
Don't let the form factor fool you, this is not a dumb phone.