My take away from the GP was that it's not so much as an issue with Apple'version of VR but about the state of the technology itself. The hardware today is too bulky and difficult to use as a daily driver.

May be Google was on to something with their glasses and may be some version of electrochromic glass goggles that also works as a display is the answer.

I agree that Apple is not what it used to be. They normally don't go for still evolving tech and swoop in with a better product(and experience) only after the product's viability is established.