[VikingCoder]

I think the top flaws with those things (I authored a ton of VRML back in the day) were:

1) VR didn't actually exist yet.

2) Unreal Engine is beautiful, and didn't exist yet.

3) Bandwidth sucked (and still sucks a lot for many people).

I think you're completely wrong that "nobody wants this after they've tried it." I'm essentially describing Steam VR, and Oculus Home... except I also want hyperlinking between the experiences, and I want the App to download and install much more like how a Browser works than how Steam and Oculus Home works... Which would be aided a lot if we just used one damn engine (Unreal Engine) for everything, rather than having to install the full engine for every World.

Eye strain: I'm very hopeful that Magic Leap or other Light Field Displays will help. Also, okay, so, VR is amazing for an hour. =)

[domevent]

Sorry to say that MAgic Leap’s only relation to light fields is in their marketing and now defunct patents. Their actual product apppears to be a less impressive early Hololens.