I actually think this is a very big move and I'm excited to see where the project goes with the sheer financial power of Facebook behind it. The opportunities it raises for VR outside of gaming are frankly quite intriguing.

These two articles:

Facebook Buys Oculus, Virtual Reality Gaming Startup, For $2 Billion - Forbes

Oculus Buy Is A Huge Win For Facebook - Forbes

Pretty much sum up my view on it.