It is. I generally use it when playing Elite: Dangerous VR for longer periods, or when playing with a controller (it can be angled up). It's quite nice having airflow over your hands when using a controller.
As for "bloated", I understand some want a very clean and minimal space for gaming or work. I have a gaming desk for playing games. If necessary, I can clear the main part of the desk easily (keyboard can be stood vertically, HOTAS has been modified to use removable cables, Switch has its dock).