A lot of his complaints seem to be imposed by constraints on current consumer spending - basically, surely people won't be bothered to buy a VR rig if they have

A lot of his complaints seem to be imposed by constraints on current consumer spending - basically, surely people won't be bothered to buy a VR rig if they have a current gen console or spend more than they would on a tablet. I disagree. So much of consumer electronics (TVs/phones/tablets) has become cheap enough that I think the usual demographics with disposable income won't mind making a splash if Oculus is truly offering a new experience. I've almost been disappointed by going to Best Buy in recent years and not even seeing anything especially cool/desirable there. This generation also doesn't place a lot of value on traditional aspirational purchases (eg you'll see a lot of well to do yuppies in Priuses or Subarus rather than the BMW that was a rite of passage in previous generations) - if anything, I think this may lead people to massively underestimate how much millennials will spend on novel/innovative big ticket items.