It is being contracted to some company other than empeg. I believe at one point they were unsatisfied with the performance of the software and went a whole different route. VR is going to be a very difficult thing to implement, and at this point, I think most of the people here would be happy to see the rest of the stuff in v1.1 first, then wait a little longer for the VR to be done right.
By the way, I would have chastized you for not seeing this topic in several recent posts, but this being your first post and all, I'll just say wellcome to the board, and be sure to use the wonderful SEARCH and FAQs resources
DiGNAN
Ob-La-Di, Ob-La-Da, etc.