Is the new Armory Pass worth it?

The Armory Pass has finally been updated, and after such a long wait the same question keeps coming up: is it worth buying? And what should you spend your stars on?
The short answer: the game has changed. With the new Arabesque and Spy Tech collections just landing (plus two fresh sticker sets), the mass redemptions of these first few days are moving the market differently than previous passes did — and that shifts where the real value is.
In the video we break it all down: how the Pass works if you've never bought one (stars, costs, stacking, and why they never expire), which collection has the hype and which one is falling behind, standout skins like the AWP Sovereign Flame, and the redemption strategy that has personally given me the best results to at least cover the cost of the Pass.
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Questions after watching? Drop them in the video comments and I'll get to them.
