Hypothetically, if VR were to take off, one of the really interesting possibilities would be seeing what existing franchises did with it. Could we get some kind of Gears of War, The Last of Us or Halo experience inside of a VR headset, that put us in those environments? Existing in these franchise could be very powerful.
While not quite set in a new world, here is another pitch for you. What about Rock Band in VR? When talking to Gaming Insiders, Harmonix's CEO Steve Janiak said that he could see it. On the topic of VR, he said:
Harmonix prides itself on being at the forefront of new technologies. VR is an intriguing frontier, and a great opportunity to fundamentally reinvent how people connect to music.
For Rock Band, the feeling of playing live music, of really being on stage with the lights and the crowd and the sound enveloping you, that's the experience we're trying to deliver with Rock Band 4. It could be even more incredible and immersive in the context of VR, and we're excited about the possibilities.
While the idea of jamming out to a punk rock song in the dingy bar with screaming fans does sound empowering, right now, I don't think it would work.
Reason? Not being able to see where your fingers are on the controller could be a huge hurdle. Rock Band 4 is only announced on Xbox One and PlayStation 4, and Project Morpheus being the only announced VR headset for those systems. Right now that has no motion sensors bundled in with Morpheus, let alone some precise to keep up with minimal ringer movement.
Until you could figure that out, I just don't see it.