While I've heard it's pretty cool for games like Team Fortress 2, with a game like Spellirium the Oculus Rift is little more than a vision-encompassing monitor that never leaves your face. I imagine walking around with a 2D image that never changes must be incredibly disorienting. I kinda want to try it.
I'll tell you more about Spellirium later. Just imagine a word game where, in order to shear a sheep, you have to spell out words associated with shearing. It's a word geek's dream. Did I mention it was from the maker of Ponycorn Adventure? Go look at it.