I've been looking forward to the Oculus for a while, but this may be just what is needed to get the ball rolling. You can compare specifications all day long, but in the end, nobody has a commercial product yet, and Microsoft has demonstrated how well the principle works that, as long as you provide the consumer just enough to get the job done, provide it before the competition, and for less money, you will gain enough market share for moderate success. Success in the marketplace would allow the Chinese company more opportunity to improve their design. Of course, I would suspect improvements to depend largely on the competition.