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Re:Oculus Rift is Shipping by chaostheory on Monday March 28, 2016 @10:30PM (#11379119)
Most of your negative points are valid, except for this one: "VR will flounder"

Your sentiments echo detractors of revolutionary inventions such as automobiles (eg. there are no paved roads, it breaks down too often, there are no gas stations, ...) and even the iPhone (e.g. there are no apps, it's too slow, the keyboard has not tactile feedback, ...). What you have in common with them is that you treat temporary obstacles as permanent unsolvable problems while overlooking the long term potential.

As a counter argument for your omnidirectional treadmill point, this is much cheaper, takes up a lot less space, and has already been released: http://www.virtuix.com/

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