Resolution is poor, so text display doesn't look great. Not horrible, just not great. However, if you secretly wanted to program using a movie theater display, I guess that would work. I think that's how it would feel like.
The thing is, other than having a gigantic (perceived) display, what's the advantage? We'll still be manipulating text – and you'll have to touch type, because you won't be able to see the keyboard.
We need a lightable-like VR experience before that makes sense.
For watching movies it works. Depending on the person it may be uncomfortable after a while. If you are ok with it, then it is actually nice. The software is not yet there though, the ones I've tried just emulate a movie theater. If/when you can project 3D movies, then it will be great.
I thought the PS VR headset would be perfect for this. Unfortunately it requires to be connected by wires which is frustrating. Something like this, but tailored to PS4 would be awesome.
Most of the movie playing software for the Gear VR supports 3D movies in a variety of formats. It's the only way I can watch 3D movies at home right now.
https://blog.bigscreenvr.com/bigscreen-is-launching-today-on...
Stream your Windows PC --> mobile VR headset using the "Bigscreen Remote Desktop" feature
You only require the HDMI port used by the Rift. Everything else is rendered as a texture inside the virtual environment. That works today, you can have multiple screens floating around, your Windows desktop, etc.
There is nothing stopping you from using one huge screen with transparent background and a bunch of windows.