It is priced at £199 in the UK, $199 in the States with 32GB of storage built-in. There is also a 64GB model for £249.
Unlike the established Oculus Rift, also made by the Facebook-owned company, the Oculus Go is a headset that does not require an external PC source. Nor does it require a separate smartphone to provide the screen and brains of the device.
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You get all the technology needed to play VR experiences and games in the headset itself, plus a wireless controller.
It has a 2560 x 1440 LCD display (1280 x 1440 for each eye) and a spatial audio system that provides virtual surround sound without the need for separate headphones.
The display refreshes at between 60Hz and 72Hz, depending on the software, and the whole device is driven by a Qualcomm Snapdragon 821 mobile VR system-on-chip. Battery life is claimed to last between 1.5 and 2 hours of gaming, 2 and 2.5 hours for video viewing.
Oculus claims that more that 1,000 games and experiences are available for the Go from the off.