Yes, and Oculus Rift is now less relevant as well (good timing for selling it to Facebook). Why buy a dedicated heavy wired non-see-throw helmet? To shit yourself when someone is tapping your shoulder?
This will no doubt have some incredible applications, most of which augment reality. Not quite the same goal as Occulus.
I bought an oculus and am excited by VR because teleportation IS FREAKING AWESOME. AR is cool, but a far cry from the sense of presence that we talk all day about in VR land.