This is a video demo of The Legend of Zelda being played as a first person stabber with an Oculus Rift. It's definitely not the cleanest migration to a 3-D environment that's possible, but it's only in beta and I get the feeling they just threw it together to see what it would look like. And that's enough to realize it looks PROMISING. My career as an exotic dancer? Not so promising (I've been known to poop a little during lap-dances).
Hit the jump for the video, but be warned you might get a little motion-sick. At least I did (or I'm pregnant). Beta version of the game available for download HERE.
Thanks to PYY, who agrees anybody who has the chance to virtually visit Hyrule and chooses not to is clearly mentally ill.