I got your point, Gear VR is not so bulky and heavy. Yeah, Oculus is more on the heavy side with thick cables sticking out of your head
.
Multicam feature is rarely used (AFAIK live concert DVDs/BDs) and I consider it dead.
On the other side VR brings depth sensation to the viewer which is amazing. There's even 360deg. 4k porn out there
so I'm amazed LP is still not releasing VR scenes.