I at least tested it. tested it means: got a taste of it.
I installed from the CD, then the BMS 4.37 installer online on top of it. It took some time, but went smooth as a breeze, very easy. The video I linked explained it right.
I searched for the key to recenter VR and mapped it in menu (I suspected I would need it, and I did...

), and went into instant action.
Well, the bad news first, my rig cannot run it in VR, the VR freezes after 2-3 minutes at the latest, then ctd's. My CPU and graphics card and the high resolution of my 2nd VR set do not match in this case, when so much more processing power is needed for stuff outside VR calculation, it seems. Thats very sad, because:
the VR impression in cockpit is FANTASTIC! The HUD alone is fascinating to stare at from different angles, plus the stereoscopic perception of the entire cockpit, the instruments, buttons and switches - its a new world of falconing. Just not for me, on this now aging rig.
But I can only recommend to everybody to try it out, if even a small interest is given. Installation is easy, and if you have no CD from the good old days, you can buy the Falcon 4.0 game at steam for 7 coins (in Germany).
Its tempting, but even me is not mad enough to buy a new system just for this one title. That would be insane.
The world graphics have be also changed for the better.
My problem is specific to my sytem, so I nevertheless give this VR option for F4/BMS a thumbs up. If one can run it, its night and day aparts to normal 2D play. And you cannot go back to 2D if you have seen 3D. Like in racing sims, you just cannot go back, no way.