This made the rounds this AM on the Oculus reddit sub.

The demo is currently 404'ing if you try to download, developer posted that he's bug-fixing and updating tomorrow. (1) but of course a redditor posted a mirror (2)

And if you want to be truly stunned and still have an Oculus DK1 check out his first demo: https://share.oculus.com/app/redframe-environment-demo

Even with the DK1 screen door it's damn near photorealistic.

(1) http://www.polycount.com/forum/showthread.php?t=147851

(2) https://mega.co.nz/#!nIJSmT6K!BRKQBDb0uB9V9Xbtz13c_3QZjokq_3...