So, the Steam Frame is resolutely not the Valve Index 2. But will VR fans be let down by Valve's latest? I don't think so. It's still a "streaming first" headset, which means it's intended primarily for PCVR, not standalone play, and in that regard it's simply much more convenient than the Index could ever hope to be.

Valve has announced a new VR headset called the Steam Frame.