VR streaming over local 1gbit ethernet is certainly possible -- I use Virtual Desktop to stream PCVR to my Quest and I wouldn't say the latency is noticeable, at least for me anyway. It's not really playable on 2.4GHz (so, max ~300mbit/s) wireless but is nearly flawless on 5GHz (max ~840mbit/s ?). Although the stream itself maxes out at 50mbps. Reported stream latency is about 15ms.
FPS games like Skyrim work great, even latency-sensitive games which require quick reactions like Thumper do pretty well. I get lower latency / better image quality using Quest+VD than I do a standard 1080p stream on my Steam Link.....
I think that the VR video stream is already a 180 degree stereoscopic format helps with the latency; you're only ever looking at a subset of the stream so when you move your head around it's the same latency as local VR.
Only noticeable thing is if you move your head really quickly to over your shoulders it can take a few milliseconds for the footage to appear.
FPS games like Skyrim work great, even latency-sensitive games which require quick reactions like Thumper do pretty well. I get lower latency / better image quality using Quest+VD than I do a standard 1080p stream on my Steam Link.....
I think that the VR video stream is already a 180 degree stereoscopic format helps with the latency; you're only ever looking at a subset of the stream so when you move your head around it's the same latency as local VR.
Only noticeable thing is if you move your head really quickly to over your shoulders it can take a few milliseconds for the footage to appear.