If MS make this look like regular glasses, then it will be the best out of the two. This might still let you see your surroundings, unlike the other two, that looks like you have a C4 stuck to your face.
I am still wondering what Microsoft plans to do in light of Sony and their project Morpheus. I hope that this is a part of their answer to the upcoming VR and AR marketplace. I was disjointed that Oculus was bought by Facebook as I was hoping that Microsoft would pick them up, but when the head of the Xbox division once said he would sell that very same division if he became CEO I am still wondering if he has the intention for it to fail, because if they don't have a sensible entry in the VR marketplace then that's where they are headed.