If everyone waits for a 'second gen model', what'll happen to the software supporting the device? If I was a dev who jumped onto the VR bandwagon and had a product ready, I'd be pretty pissed at this news. If the early message had been a $600 device, devs could factored in a likely smaller audience to their decision making. VR needs a low cost option that'll see wide adoption or it'll crumble, unless there's a champion who'll invest in software even if said software doesn't sell because there's no audience.