The Rift S has been referenced in code somewhere apparently and is using inside-out tracking and a software IPD instead of a physical one.
Any game using 360 degree tracking will be pretty much unplayable.
I honestly don't know what Oculus are thinking, enthusiasts are going to be leaving the Oculus platform in droves. Still got to wait and see what happens at F8 but if their CV2 is basically a Quest without the mobile phone parts I'm getting myself either a Pimax or a Valve headset and will jump back to Oculus when they release the CV3. The Rift S will probably be cheap but I'm not going near it.
Dear Oculus, if you're releasing a cheap crappy headset with inside-out tracking as your CV2 then I'm not going anywhere near it. Fuck you, I'm buying a Valve/Pimax headset next gen and MIGHT go back to Oculus for the CV3 if you release something decent.
And I actually MEAN it this time!
"This you have to understand. There's only one way to hurt a man who's lost everything. Give him back something broken."
Thomas Covenant, Unbeliever