Summary; VR is a great novelty but it wears out and then you're just left with sub-par looking games lacking replay value and quality. It's super expensive and the games aren't very engaging (no killer app yet). The competitor landscape is also confusing and there's a lot of innovation still left to be done by industry heavyweights (namely Google and Apple).

Basically, VR is here but the experience isn't sticky enough due to lack of great software. Sound familiar?