I don't think Morpheus has any additional processing to assist the ps4 except for maybe sound processing and other processing related directly to the headset. As far as I know there is no high speed data port on the ps4 that could create a high bandwidth connection between Morpheus and the PS4. However the ps4 is already designed with huge memory bandwidth and a pretty capable gpu. It's already setup to provide superior VR performance to xbone by a reasonable margin.
VR is the future but how many generations before acceptance. A virtual world that appears almost as real as real life is clearly something that will be more exciting than conventional 2D displays etc. VR is so obviously the future but at what point in the future. There were people that thought television wouldn't take off as radio was good enough and that colour television wasn't much better than black and white. This is one of those occasions, there is absolutely no point thinking VR won't be the future its just a matter of when and for how long before the next upgrade. Perhaps virtual reality generated within your own mind once your mind has been genetically altered to create VR experiences for you. There are few people that want to go back to early entertainment devices like board games using pebbles or other early forms of entertainment.
