So does the camera still exist or what? Haven't heard a peep about that thing since the initial announcement.
Also, this is dumb Sony, stop it.
The PS camera is unaffected by this, if anything, the camera could be used in concert with it for head tracking.
The hype around the Occulus Rift makes this a no brainer, and there are rumblings that MS has a similar piece of tech in development.
This is where gaming is heading, and should have been for awhile. The only negative to VR based gaming is that it's taken this long for it to catch hold and provide a reliable, affordable, consumer experience.
Sony really should not develop a own device but rather support Oculus Rift with their PS4. It would be a wise and cheaper move to do so.
Rift tech is pretty impressive, but Sony is a hardware company and has previous experience with VR tech, so I imagine they at least believe they can develop something comparable or superior to what the Rift is going to offer. Yoshida has mentioned on several occasions how much he likes the Rift, so it's not a surprise Sony would want to try and capitalize on that. It's also entirely possible the reveal would be an announcement of a collaboration between Oculus and Sony, but that would actually surprise me more than Sony just doing their own thing.