I basically look at vr as a portable giant screen mainly. I don't know if you ever tried the big screen app but it's incredible. Being able to project an Imax sized screen in front of you to watch movies or play games is something to experience. If you have a buddy, or several, you can sit in a virtual theater together , or whatever environment you choose.
Ever since I was a kid I always wanted to rent a theater to do that, so to do it on my rift was wild. I can only imagine how much better it is with a far better resolution. My VR experience is limited to the rift and the first Vive.
Some vr games are really cool, and like PEB said, racing/flight sims are made for it. There are far too few good ones though, and even then, the last thing I want to do is exercise while gaming lol.
I really just preferred just playing normal games on the big screen app sitting down, or using the headset for head tracking, while still using M&K or controller. Now that new ones all have pass through vision, I'm sure it will be a lot easier reaching for a snack, fixing an issue, or checking my phone without having to take the headset off. If you wear glasses like me, it's guaranteed smudge city taking it off and on.
I got tired of the production/smudging, and shitty resolution, and barely bothered with it once I bought a projector, and then giant tv, but I'm eager to get another if only when I can't be in my set up, or lie in bed.
@PEB One big issue I had with the rift was having to keep a monitor or tv on while using it. Is that required with modern headsets? Say I want to use the quest 2, or this one, and hook it up to my pc, do I need another screen on as well? Can we stream to the headset now too? The latter would be preferred.