http://www.oculusvr.com/. The first ever cost effective version of simulated VR to ever be developed. It's on kickstarter if you guys want to support it. It's the stepping stone to real and true virtual reality in the future. Take a few minutes of your time and watch that video.
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Dude, that looks really rad, and very promising! Looks like their kickstarter is 974% funded!
Ya the kickstarter is mainly meant as a B2B venture. It's selling prototypes to developers so they can make games with it. The retail won't be out for awhile.