alt Hacker NewsCurrently, this is roughly true. But there's a decent chance it will have a killer app within the next ~5 years, and then adoption will grow quickly. At that point, it would be nice to have a small library of videos/photos that were taken with the AVP in mind.
Regardless of the AVP's success, there will probably be some AR/VR device that becomes popular, and can read this format in the future.
VR is not usable if it's not ultralight on account of the physical pain the weight of the headset causes. Of course the AVP is the worst for this as it's made of metal and glass.