Figment VR - Cool idea, but will the VR be enjoyable?

I know it's not a Cardboard VR headset, but Apple isn't officially supporting VR just yet so they don't get their own sub-forum. Figment VR is coming out with a very cool looking case that features flip-out lenses. Check it out:

Here's more info about it here:

I'm interested to see how this will work. Thoughts?
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