Microsoft HoloLens is the first holographic computer running new Windows 10. It is completely untethered – no wires, phones, or connection to a PC needed. Microsoft HoloLens allows you to pin holograms in your physical environment and provides a new way to see your world. Microsoft HoloLens features see-through, holographic, high-definition lenses and spatial sound so you can see and hear holograms in the world around you. Complete with advanced sensors and a new Holographic Processing Unit (HPU) that understands the world around you, Microsoft HoloLens is able to run without any wires while processing terabytes of data from the sensors in real-time.
Honestly it is not VR - it is AR (augmented reality) In the moment we know nothing about the product. Microsoft will explain everything in May 2015 on a conference. We will see.