Okay, i'm convinced. Link is going to be a success. Why do I say that? Because for the past two hours i've been messing with ALVR and it exceeded my expectations and that was with several issues in the way of it running smoothly. 
To start with, I wasn't using 5ghz wifi, which is extremely recommended by my desktop which was running the ALVR server doesn't support it, so 2.4ghz was all I had access to. 
The image quality was trash and there was some minor input delay but it was fucking nothing. 
With Link getting official support from Oculus and Valve it can only be better. 

I played GORN, I didn't feel ill, it was working fine it just looked like i'd rubbed jam in my eyes. I am now extremely hopeful for that fucking link update.