There's no phone or PC required, and it's much more affordable when compared to existing VR headsets on the market. Additionally, it's very unlikely that the Go will support motion controllers like the Windows Mixed Reality headsets, so the VR experience could be quite limited. The headset's also only $199 and shipping early next year. Called Oculus Go, it is created to sit between mobile VR, like what you'd get with the Gear VR headset, and high-end headsets that require a PC, such as the Oculus Rift. There are expensive, best-in-class, desktop-based solutions like the HTC Vive and Oculus Rift that are stunning, but require lots of wires and an expensive computer.
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Zuckerberg announced the "all-in-one", "accessible" headset today as part of an effort in Facebook and Oculus' goal to put one billion people in VR. However, this headset seems a little different from that prototype. He's now revealed that Oculus' wireless Santa Cruz headset will be with developers with in next 12 months. Oculus Go aims to cover the neglected middle-ground by offering up a $199 VR headset that runs completely on its own, without needing a PC or smartphone to provide images or power.