If you haven't heard of the Oculus Rift by now, then perhaps you need to find out about this thing called the Internet and how it has a lot more information on it than bewbies and funny pictures of cats. But just in case you haven't heard, let me fill you in. It looks awesome. And highly impressive.
Oculus Rift differs from some of its predecessors by seriously reducing the lag time between head movement and in game movement. Also it would appear the rampant migraines from the Virtual Boy days have been eliminated.
Oculus Rift is, by definition of the company making them, "a ground-breaking virtual reality headset for immersive gaming", and they look ready to deliver on this statement. Some of the most recent news to come from the company is they have teamed up with the developers behind Team Fortress 2, a dearly beloved game here at FITES.
Purchasing a developer kit for $300 will not only get you your own Oculus Rift, but it will also get you a new hate in TF2! Just to leave you with an idea of what is possible right now with OR, check out this video. And yes, he is looking one way while his weapon points another way.