Microsoft Reportedly Exploring VR for Xbox [Update: Spencer Confirms]

[Update] Microsoft's Phil Spencer has confirmed that the Xbox One manufacturer has been exploring virtual reality technology for quite some time.

Speaking at GDC, according to IGN, the Xbox exec said, "I think the technology is really interesting, and it’s definitely something we’ve been playing with for quite a while." And even though Spencer doesn't necessarily adhere to the notion that "every experience requires goggles on my head," he does see the merit in "being able to completely audibly and visually immerse players."

[Original] A new report claims that Microsoft is indeed working on its own VR headset for Xbox 360 and Xbox One. 

Sources close to the Wall Street Journal suggest that the Big M is looking to compete with the Oculus Rift and the rumored Sony VR headset, the latter of which we expect to hear about this week at GDC. In fact, the PlayStation manufacturer is hosting a "Future of Gaming" panel tonight, so stay tuned for any juicy announcements.

What do you think about Microsoft stepping into the ring of VR? Is an Xbox-compatible virtual reality headset something you'd be into? If it works with Halo, color me interested.