This is a really fascinating concept and points to a future where real reality will seem very dumb and low functionality compared to enhanced reality. Story here.
I was intrigued by the Vrvana VR + stereo camera pass-through headset. This is a practical version of something that I have been thinking about for a while. HoloLens does a fantastic job of AR/MR but it does have a limited field of view, something that may be inevitable with the waveguide type design. The other limitation is that it can only overlay on reality, not selectively replace it (at least not in all lighting conditions).
Enhanced Reality (ER), by using stereo cameras whose feeds are displayed as in a conventional VR headset can solve the field of view problem and allow all aspects of the field to be enhanced, replaced or overlaid as required. Take the case of using the headset for driving a car (although people will probably not be doing that much longer). For a start, the car would no longer need a dashboard or any instrumentation – everything would be virtual, including big touchscreen displays. Looking out of the windscreen, the image seen could be augmented by data from radar, IR cameras or anything else that enhances the experience. Objects of interest could be enhanced in brightness perhaps. It could incorporate Google Translate style street sign translation and replacement. Obviously any other useful heads-up data could be displayed, such as navigation, speed, temperature etc.
Complex airplane cockpits could potentially be a thing of the past also. Most of the cockpit consists of devices that give information to the pilots or are simple switches and levers. All of these could be virtual. Maybe you keep a joystick and a couple of rudder pedals but that would be it – it’d just be two chairs in a room :-). Meanwhile, the view out of the windscreen could be enhanced in the same way as described earlier.
I am sure there are many applications where the ability to enhance, modify and replace any part of the field of view would be of value. An important aspect of a true ER headset is that even very bright features in the field can be replaced, something that is difficult to do with AR headsets.