Facebook's latest gadget, at $399, convinced me that the company's $2 billion bet on virtual reality will pay off

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Facebook's Oculus Quest and Oculus Rift S launch on May 21 for $399. CNBC reviews the new Oculus Quest, which offers a full virtual reality experience without the need for a computer.

The Facebook Oculus Quest VR headset and controllers..Facebook said it spent a lot of time making the Oculus Quest easy to pick up and play. And that's exactly how it works.

The Oculus Quest is comfortable to wear, but a few folks I used it with said their eyes started to feel strained after about 30 minutes inside the headset. This didn't bother me since I'm used to staring at video games much longer than they are. Also, the freedom of movement alleviates some of the nausea you can get from cheaper headsets, since you can walk toward objects — one step in the real world is one step in the virtual world.

Battery life was adequate. I usually got tired of the experience before the three hours of run-time expired, and it only takes two hours to charge it fully using the included USB-C charger. So it always had a charge whenever I wanted to use it. I also love that it turns off when you remove it for your head, and turns right back on again when you're ready to play. It's portable, too.

There's one way for groups to enjoy the experience together right now, but it's buggy. A feature called Cast, still in beta, let me stream what someone was viewing in the headset to a Google Chromecast or iPhone. It crashed several times when I tried this on my iPhone, unfortunately.The library is pretty limited for a $400 device. There will only be 50 apps at launch.

 

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