This post is a little long, but explains my experiences and opinions with VR.
Virtual Reality is pretty cool... for a weekend. I've spent around $600 on Oculus Rift stuff and Razor Hydras. Playing games with the right equipment is really fun for a moment, but the problem is that there aren't any real games for it. Nothing for the Oculus Rift is fun to play. The "experiences" are only neat for a couple minutes.
An addictive Oculus game is nearly impossible to find. The fun games that are converted to the Oculus are rarely done so well. Half Life 2 is not fun to play because the UI is glued to your eyeballs. MinecRift is the only exception, it is the best port I've ever seen. I've played it for hours and it is loads of fun. The reason is because the UI is designed for the rift. It floats in front of your character, a real in-game model. This makes it a lot easier to use then peering at the corner of your vision.
tl;dr: The Oculus Rift and accessories are incredible, but there are no fun games for them. If every port was as good as MinecRift I would never go back to a mouse and keyboard.
