* 6-DOF tracked controller
* Eye tracking
* Multiple depth of field display
* Persistent location tracking across multiple rooms
* Processor/GPU power comparable to "high end mobile hardware"
And software:
* Custom operating system based on Android (but heavily modified)
* Multiple apps can run at once and be displayed in the same physical space
And a few limitations:
* FOV is going to be rather small
* Variable depth-of-field display doesn't work well with objects less than a foot (30 cm) from your face
* Takes a few seconds for the system to adjust when you move real objects around (so if you move your couch, it won't notice instantly)
* The display can't draw darkness or black (virtual objects can't cast shadows on real ones)
[1]: https://creator.magicleap.com/ (Requires login)