You read that right! Apparently reddit user Reddegeddon did the current thing below and now can play in cinematic view on his Xbox One!
Another user also added that
“This is correct the audio is sent as separate mono audio streams over USB together with positional information , the PU combines this world location data and the headset position to encode the audio so it sounds like it’s coming from the right place”
While of course certain features wont be working, Polygon went ahead and tested this out only to confirm it is true. So I guess the question now remains, will Microsoft provide support to Playstation VR? Are they even legally able to do this? Will we play Forza or Gears of War in VR view!? Can someone poke Major Nelson for us!