Yes. Just like how everyone else is looking to go wide with their monitors, in VR the monitor is infinitely wide horizontally and vertically.

Graphics intensive games on VR is still yet to come, so even the 970 can power most of the VR experiences. Only three games exists so far that really looks as graphically impressive as traditional games: "The Climb" by Crytek(powered by CryEngine) where you play a mountain climber, Eve Valkyrie (augmented reality element so real, you wanna stretch out and touch it!) and Project Cars (they've injected the VR element into it during racing, and it is punishing graphics to do both VR headset lenses at high enough quality, that I can only do pCars at 1080p Medium, while I can do pCars at 4K60 on traditional gaming on a monitor with my GTX1080).