A prototype is reportedly in the hands of some third-party developers. These sources have described the VR headset as being superior to earlier versions of its main competition, the Oculus Rift, which isn't saying much -- Oculus VR itself has made advancements with its newer models.
Regardless, having multiple companies invested in making this whole virtual reality thing finally pan out -- whether it be Sony, or Oculus, or Valve -- is good for the field. As far as this supposed GDC reveal goes, however, it sounds like there's not much in the way of software yet. You don't say...
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