I have similar opinion. And I dont think it is even iPhone 1 stage yet. It is more like early Smartphone. iPhone manage to get to a very decent and wide usage Smartphone within a 5 years time. I dont see this happening yet with VR, as it is extremely limited by hardware and software.

As we finally realize, how not very real time our OS and software / hardware. After all these years of abstraction and slight delay added to everywhere in stack. We finally have a motive to unwind / improve those.

May be some day we could have Sword Art Online Style Game to move VR forward. Link Start.