We now have a third headset on the way from Oculus.
At Oculus Connect 4, Mark Zuckerberg announced that Oculus is working a new headset that sits in a "sweet spot" somewhere between Gear VR and Rift.
Officially called Oculus Go, this headset requires no phone and no cables running to the PC. It will be able to play movies, run games, and help you meet up with friends in VR. It is built to be lightweight, is has a new mesh foam interface, and it supposedly has the best visual clarity so far seen in VR, thanks to new lenses and a WQHD LCD fast-switch display with a higher fill-factor than OLED.