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Intriguing, particularly if the lower-power claim here proves out.

So far nothing meeting the Oculus reqs (970 GTX or better) will fit in a SFF PC, much less a laptop. Part of that is physical size, but 100W+ TDP for a graphics card alone is never going to be acceptable to most people, if only because of cooling problems and fan noise.

The R9 Nano will fit into an SFF. The rest is obviously true.

You are talking about ray tracing the first hit and then shading the resulting fragments normally I'm guessing?

Awesome. This is coming just as VR is reaching mainstream popularity. Coming up to an exciting time in terms of entertainment technology!