OMG. I've been waiting for this tech ever since reading about this in high school during the early 90's, coming out of the HIT Lab research (Human Interfaces Technology Laboratory at University of Washington).
http://www.hitl.washington.edu/projects/wlva/
I was so enamored, I actually talked my mom into swinging buy when we did a Pacific Northwest drive during summer break. Unfortunately, the lab was closed to tours at the time. And the lab's name also tickled me. It was my aspiration to go work there, and on VR technologies... and then the media chewed up the tech and spit it out, causing the long winter (I also wanted to get into Neural Networks and AI...)