Aint dead. Got a lot of good games i play on my VR, although most games are Early access and very few are created by big studios. Very few that have been released so far from bigger studios anyway.
Something to keep in mind though is that a lot of devs have looked at VR an many created something/are developing VR games to compete in that market.
But with that said VR games are definitely in its infancy, when i bought my first VR game it was all shitty graphics with optimization down the drain and wild hack and slash and clipping through everything. Now many games have full physics support, run at the capped framerate for me and decent, if not good, graphics. So I think we will see a lot of improvement in the VR section the upcoming years.