Technology from West Virginia University’s GeoVirtual Laboratory (GVL) and Department of Geology and Geography in the Eberly College of Arts and Sciences may be at the forefront of real virtual reality.
The tech is called Virtual Reality Geographic Information Systems (VRGIS) and draws on teh Web and VR to share inforamation, per Lab Direcotry Vic Baker. The technology is interesting to GISers in part because of its integrative nature and it's ability to host links and "further information." The lab is looking for partners and licensees. Do look at the pictures to get a sense of this; it's beyond Photosynth.
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VWU Today