Oculus founder Palmer Luckey seems to be having a pretty good day so far. "We sold through a lot faster than we expected," he told Polygon. "I can’t talk about numbers, but we sold through in 10 minutes what I thought we were going to sell through in a few hours, which is one of the reasons the site was beginning to buckle."

The consumer version of the Oculus Rift is now available for pre-order at $599, a price that seems to have caught many people off guard. Luckey himself used to tell people that the final cost of the hardware would be in the $300 to $400 range. So what changed?

"A lot of things changed," he began.

Oculus' original plan was to sell an updated version of the Development Kit 2 as the consumer version, although they were unhappy with some aspects of the design. "The problem is the frame rate is low enough that a lot of people perceive flicker," Luckey said. "The resolution is not what we would like it to be. We couldn't do things we wanted to do with optics while it was one display."

Thank you for your HTCVIVE.com order – We will start shipping May 2016.

Razer has announced a new virtual reality headset for its open-source virtual reality platform at E3 2016. The hardware is launching this July, for a retail price of $399.99.

"The HDK [Hacker Development Kit] 2 is equipped with custom designed lenses and an OLED dual-display for a total resolution of 2160 by 1200," the press release stated. "It also includes IQE (Image Quality Enhancer) technology for a reduced screen door effect. Capable of displaying VR experiences at 90 frames-per-second, the HDK 2 hardware specifications are comparable to the best virtual reality headsets available now."