Sony's improved entry-level noise canceling headphones, the CH-720Ns, have a bit of a plastic-y budget vibe, but they're lightweight and very comfortable. Part of me was expecting them to sound pretty mediocre, but I was pleasantly surprised. No, they don't sound as good as the WH-1000XM5s.
But they sound more premium than they look (and feel), and their overall performance is a nice step up from their predecessor, the CH-710Ns. Are they worth $150? Maybe -- or maybe not. But the good news is that, like the CH-710N and WH-XB910 before them, these should see some nice discounts in the not-so-distant future, which is what you may want to wait for.