vscode-js-debug: Error: Cannot find module '"/Applications/Visual' when launching `pwa-node` with `npm`

Version: 1.46.1
Commit: cd9ea6488829f560dc949a8b2fb789f3cdc05f5d
Date: 2020-06-17T21:17:14.222Z
Electron: 7.3.1
Chrome: 78.0.3904.130
Node.js: 12.8.1
V8: 7.8.279.23-electron.0
OS: Darwin x64 19.5.0

When I try to debug a project such as this absolute minimal example I cannot launch the Launch via NPM configuration.

internal/modules/cjs/loader.js:638
    throw err;
    ^

Error: Cannot find module '"/Applications/Visual'
    at Function.Module._resolveFilename (internal/modules/cjs/loader.js:636:15)
    at Function.Module._load (internal/modules/cjs/loader.js:562:25)
    at Module.require (internal/modules/cjs/loader.js:692:17)
    at Module._preloadModules (internal/modules/cjs/loader.js:901:12)
    at preloadModules (internal/bootstrap/node.js:602:7)
    at startup (internal/bootstrap/node.js:273:9)
    at bootstrapNodeJSCore (internal/bootstrap/node.js:623:3)

irrespective of using debug.javascript.usePreview on or off. (see example repo)

I have cleared my cache in $HOME/Library/Application Support/Code and disabled ALL extensions, all to no avail.