It was not Death, for I stood up, And all the Dead, lie down- It was not Night, for all the Bells Put out their Tongues, for Noon.
VOA: standard.2010.06.22
Although significant stretches of development lie ahead, including fully fleshed-out games and the eventual use of an Oculus Rift, there's already teases of potential commercialization and a second generation that would include lighter, sleeker components.
One of the ways that we stay on top of the news here at Engadget is by subscribing to a couple of different services that mail out tech-related press releases to journalists (to sign up we had to lie and pretend we weren't just some crappy weblog).