Yes, the company DICE of Battlefield fame is hiring VR people for a small team. This got me excited because they make the engine for Mirror's Edge, Dragon's Age, etc. Think there might be something VR in our future?
Well we don't have the video card horsepower to run really great looking games yet. I think we need 3x the power that we have today to get a good experience without turning most eye candy off. It will be a long time before we see something like The Witcher 3 with HairWorks and all the other options on without a single dip below 120Hz. For developers like DICE and Crytek that push the graphical envelope, that has to be infuriating. Crytek's VR game looks alright though. People would scoff at it and declare the end of Crytek if it wasn't a VR title.
Yes, this is very true. That's why I was saying that we need more powerful cards to run what's available currently on a VR headset. I agree that the current graphics look like Nintendo 64. Nobody in my family has gotten excited about VR yet because of this. My nephew even has a Samsung Gear and never bothered to mention it once in passing. He gave it to his 8 year old.