Anything which is part of Facebook is (and always was) tainted. I hope they get what they deserve this time around.
Too bad for the original Oculus, but in the hands of Facebook it was always bound to become yet another privacy hell.
Naturally this also holds for instagram, whatsapp and whatever else this horrible company will touch.
They are the Electronic Arts of privacy. Can it be worse? Undoubtedly, just wait another year or so.