Yeah, I've never heard anyone call the N64 a failure before. Sure the PS1 sold more than N64, but that doesn't mean its a failure. I guess it stems from an 'all or nothing' mentality which is pretty common in communities defined by the other, i.e. DC comics has outsold Marvel again!! Their going to collapse!! Its pretty silly.
I haven't heard a single positive review of any VR system by any of my usual sources and from what I have been reading both the Oculus and HTC Vive are DOA sales wise. Essentially the tech-hungry early adopters bought out the stock and when unit shelves were refilled, no one else was interested.As for VR being the future of gaming.... eh, i'd have to disagree. Its the future in the same way 3D movies were. It is something that may be an option from now on, but it won't be the only way to play a game from now on. We will still have a choice between regular & VR.