Virtual Reality Getting its Own Network?

loganrapp writes "We've all watched the Matrix, and regardless of how we felt about them, the concept of plugging into a virtual reality appeals greatly to us. It appears that a nonprofit group called the International Association of Virtual Reality Technologies plans to build a network purely for virtual reality. Its name? Neuronet, and the first generation is planned for 2007, with "consumer applications" planned for 2009. There is some fear, however, that the whole thing is a scam."

That would ruin their business model.

[wasted]

Wouldn't using an existing network like say the internet be much cheaper?

If they did that, they couldn't sell the .vr and .cin domain names for their proposed network, and it looks like the sale of these names is to be their near-term source of revenue.