I didn't think it could be much, but my first experience using the gear for a game of keep talking and nobody explodes convinced me otherwise. Even seeing the pixels and with the awful control method of that implementation (a classic iPod esque scroll wheel on the side of the headset which didn't map to the game that well), it was easy to get immersed.

Go up to using a rift or vice for Elite with my hotas and i can see it being awesome. Planning to get either a rift or vive this year.