In a move that feels like a kick in the crotch to many who helped fund the Oculus Rift through Kickstarter, Oculus VR has sold their fledgeling company to Facebook. http://www.wired.com/business/2014/03/facebook-oculus-second-life/

Although none of us should feel it as much as Notch, the creator of Minecraft:

Quoted Text

I did not chip in ten grand to seed a first investment round to build value for a Facebook acquisition.

http://notch.net/2014/03/virtual-reality-is-going-to-change-the-world/

I was tempted to buy into this year's second Dev Kit, because it was significantly better than the original, but now I'm glad I decided to wait for the consumer model next year.  I don't want to hand Facebook any of my money.  I cringe at the thought of how they might corrupt the great potential of the Rift.

In short, I'm now hoping Sony does a good job with Project Morpheus.  http://www.polygon.com/2014/3/18/5524058/playstation-vr-ps4-virtual-reality