Since when do we care about such things as console "wars"? So long as the big three remain profitable, I see no problem.

Ed Fries, who led the team that created the first Xbox in 2001, said things seem to be slowing down in this installment of the high-stakes sales battle between the Xbox and PlayStation franchises.

And the winner is: “I think it’s PS4 by a nose,” he said.

^ ... and what's your point? Help me here.

You can always buy another console and link them to play co-op in vr :) No more need to extra tvs.
It would be cool if they allowed a single digital game purchase to run on lan connected ps4s.

Hololens includes the processing hardware in the glasses, MS wants to make it a standalone product. That would make it a bit more expensive but also puts a lot less strain on the console.
Hololens could replace or augment the board game. No fuss setting it up or putting it away. Everyone has their own perspective on the board which remains persistant on the table between the players. Easy to save and continue later on. No fuss hiding your own cards etc. It could be next social gaming experience.
Bring back battle chess or pokemon battles playing out in the arena on the table.
Of course buying 4 pairs of hololens glasses would not be within many people's budgets.

Xbox founder said it, its not a stretch to say other people working for manufacturers in the industry "care". So apparently now we do, and I hazard to say its been like that for a while.

For instance, MS doesn't care if Nintendo or Sony are profitable.

True about Morpheus, that's why I said about Sony getting the price of PS4 down. Yeah the headset negates the need for more TVs, these new headsets open up a bunch of different options in any area that you would have required a TV in before.

The potential for "experiences" is really where this could excell.

Hololens aims to have a new Atom processor yes, but it's doubtful that it would be powerful enough to handle TFlop level gaming by itself or a lot of the features MS are showing with currently available technology, the technology just isn't there yet and won't be for at least a couple of years. Mainly it's an issue of energy to run it, very unlikely anything over say 6 watts would be used and that includes the energy needed to power the display, sensors and processor, so the processor only ends up getting a few watts.

The demos MS are showing off are most likely using either staged stuff, rendered on a pretty powerful PC nearby.

The headset simply wouldn't have the performance in it's small processor to handle everything by itself.

Being that this kind of thing requires the most advanced mobile processor tech it basically pushes the price up much higher, when it becomes available.

It ends up seeming more likely that Microsoft would make a version for XB1, that has an external module, with an APU built in, to reduce costs, probably something comparable to what's in XB1 already, along with some DDR3 or something else too. Or the early models will all feature that separate APU from the main platform be it a lower end PC, XBox or anything else, like maybe a tablet as the initial host.

A high end PC could obviously handle the processing by itself, but anything that most people have would probably require an external processing module.

I came here for teh lulz.

Alright, let me rephrase that, then.

Why should we care? This just seems like another fanboy bait. And everyone's biting at the hook.

How can I make fun of Xbone fan base if the own fans make fun of themselves lol

Maybe, if we're talking about Pinocchio's nose...