A number of different style games have been experimenting with the Oculus, First person makes sense obviously. I suppose you would get used to a 3rd person .. could be quite cool actually but I suppose camera positioning in 3rd person will be even more of an issue with Oculus than in standard "Cheap-O-Vision".
That's reminds me there are rumours going about that the PS4 may get Oculus support..
Sony have their own VR stuff but nothing like the Oculus so sounds plausible.. ?
Of all the upcoming Tech the Oculus is the only thing I'm actually genuinely excited about, will be nice if it supports at least one of the next gen consoles in addition to my PC