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Johnny Chung Lee, a grad student in Human-Computer Interaction, has been developing techniques that are far more likely to change our lives than the usual grad student fare. For example, using a Wii remote for headtracking in desktop VR. Considering that a Wiimote costs about $40 retail, and this only uses a very small selection of it's abilities, we finally have VR that it's cost effective for a hobbyist to develop for. Considering that only comercial equivalents I found sell for $180 or $100, this is noticably more affordable.