I work in VR and my personal theory is the version you outline above is the long term model for immersive computing. Most people I talk to disagree, but as you

I work in VR and my personal theory is the version you outline above is the long term model for immersive computing. Most people I talk to disagree, but as you mention my argument is that in the limit a system which allows full photonic control will be the final mechanic. Incidentally it’ll maybe happen sooner anyway, since viable VR pass through tech is arguably software gated today on a platform like the Quest. The chicken and egg problem is who is a) going to get it working well and b) have the guts to start wearing a eye covering headset for more and more % of their day. It may be a long iteration cycle and transparent AR may rule the day for a few generations until the world is used to the idea first.