IMHO it’s more expensive than cumbersome. You “just” have to pay 99$/year then hit build and run. Or is there something I missed?
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You can develop apps without paying the fee, but you'll need to pay if you want to actually publish. That's been a great move IMO, because it's a gateway to stop spammy apps from appearing on the store. If you put in $99 and have to go through a review process, you'll put the extra effort into making a good app.
Oh yeah I even forgot about the free tier
Well you also need to have a mac. And mac minis have 8gb of ram that makes them practically useless for serious work. So you need a >1000$ system.
Yes, and you have to build everything yourself, or you have to sign up to testflights.