If you haven’t heard already, Virtuix Omni is an omnidirectional treadmill video game peripheral for virtual reality games. The platform requires special shoes that reduce friction when walking, and the player is fully enclosed within a ring that works with a safety harness to absorb the player’s weight. Continue reading to see it in-action.

Virtuix hopes to ship the device in early 2014, and is currently gearing up its final design for manufacture. The device will be rapidly adjustable, collapsible, smaller, vastly more responsive (allowing the ability to turn, strafe, do analog speed control, and maybe even perform backwards locomotion), and surprisingly cheap: retail versions should go for somewhere between $499 and $599, and early Kickstarter backers will get one for much cheaper.

Add in an Oculus Rift and a fake gun and you’re still probably under $1,000 for the whole setup. This is revolutionary for VR. It’ll be even more revolutionary if it really works; if it’s more than a W key.