King Gamer wroteWell the important thing is that companies are having increased interests i the VR world developpement, so we(the tech maniacs) will have something new to look up for in the upcoming years as hinted by johnaudi. By the way i saw a half life demo on the oculus rift on youtube that was quiet awesome so i wont underestimate oculus, yet the secrecy that sony are maintaining on morpheus means they are up to something big
I'm going to be honest with you, I really, really hope so.
If Project Morpheus has higher standards than the Oculus, that could mean a good thing, Oculus is going to try even harder to push VR deeper, making it more intense. And I am sure that I am not the only one who wants to live in a VR world before I grow 60+, we all want that sense of presence the soonest time possible.
That being said, the Oculus has done great things, aside from gaming and simulations, it has started giving medical treatments, as well as psychological ones (relaxing, porn, etc...), as well as helping people that are unable to do certain stuff (go outside) to do it virtually. (seeing this granny using the DK1 lead me to tears)
There has been already a lot of hardware designed for more reality immersion such as the Omni-Treadmill, leap motion...
Back to the main topic, I'd say don't get your hopes up for the Morpheus at the moment since it would only be available for a limit FPS-1st person games on the PS4 (COD, BF4, Killzone so far), whereas look at the endless possibilities your PC can give you.