As someone who has tried HTC Vive, Oculus Rift, Playstation VR (I own PSVR) and even Samsung's foray into VR via its flagship Galaxy phones (S7 Edge) I would have to say that at present, it's still overhyped. The technology is so new that most companies are experimenting and finding their feet.
As cool as VR is, the cool factor wears off very quickly when you realise that screen technology hasn't quite reached the point where VR can compete with a 4K monitor on a gaming PC or even the level of immersion of a gaming console on a TV.