Ny main objection to it is that I don't have £500-1000 to buy a 4K TV to take advantage of it, and even if I did knowing me I'd refuse on principle to upgrade just for the sake of VR which I'd almost never use.
You don't need a 4K TV to use VR.
Though you do need motion controls to take full advantage of VR software including PSVR.
VR is the second coming of motion controls.
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VR is interesting, but way too expensive for my blood.
I, like most people wouldn't use for long sessions, thus not getting our monies worth.
I see VR Gaming being as niche as Linux gaming, as in only a handful of dedicated fans will buy the games while all major developers jump ship due to a lack of sales (this is why Mac, Linux and Nintendo consoles do not get the backing of 3rd parties).
Take Two, Activision, EA and Ubisoft (the 4 biggest 3rd party game publishers/developers) say VR in gaming won't do well enough to warrant major support.
3rd parties including EA are only developing a few PSVR games because Sony is funding the development costs for 3rd parties.
If Sony wasn't funding 3rd party development for PSVR games, very few would make games on their own.
Microsoft said Scorpio will run VR as long as the VR headset is made for Windows 10.
Scorpio is expected to run full Windows 10, and Xbox One/ One S run a form of Windows 10.
VR is better situated for Engineering, Space Exploration, Medical sciences, other sciences... Gaming, Movies, TV, Books etc.. aren't at good fit for VR.
VR will be niche with hardcore supporters claiming it's the next big thing every year.
VR will not become a mass market product
VR will go the way of 3D TVs, 3D Movies, Smart TVs, Streaming boxes, Steam Machines etc... (You can still get all these products).
VR will be outsold by other niche products such as Smart Watches (already sold a few million, though mostly Apple Watches), Windows Phones (Microsoft sold off Nokia Hardware division due to bad sales), new Blackberries Phones and Leapfrog tablets.
Or I'll put this simple way: People hate wearing glasses and don't wear them properly for the most part, They don't like taking their medication and most don't take their medication properly... Yet you want them to wear VR for hour + sessions?
I'm not saying VR is a fad or will fail, I'm saying it will just carve out it's own niche.
P.S. Oculus Rift has DRM now for it's games to prevent you from playing them on other VR sets.
Other VR makers are following suit with DRM as well.
HTC Vive is made in conjunction with Valve and is expected to have full Steam support.
Anyways hopefully you enjoy it and your PC is powerful enough to full run it.