Don't Delete Facebook Or You'll Lose All Oculus Games For Good
Don't permanently delete your Facebook account or you will lose all the games you purchased.
If you have an Oculus VR headset and were thinking about deleting your Facebook account in order to go off the social media grid, you may want to reconsider. If you completely delete the Facebook account linked to your Oculus device, you will also lose access to all VR games you purchased. You won't be able to get them back if you make a new account, either.
You're required to link a Facebook account when using the Oculus Quest 2 headset, and if your Facebook account isn't in good standing, you will not be able to use the Quest 2 at all. Because of this connection, you must keep that account to have access to the purchases you've made. You don't necessarily have to link a Facebook account yet on the older Oculus devices, including the first Quest, but as UploadVR pointed out, support for separate Oculus accounts ends in 2023 and then all users will need Facebook.
If you deactivate your Facebook account instead of permanently deleting it, you also won't be able to access any of your Oculus information. However, this can be reversed by reactivating it, while the deletion method does not have an "undo." If you make a new account, you'll have to purchase all that content again.
This seems to apply to Facebook accounts that are banned, as well--so your safest bet is to keep your Facebook, but not use it very much. It's an extremely troubling restriction.
Despite these restrictions, Facebook has made its Quest platform quite enticing recently. The latest iteration is less expensive, lighter, and includes a higher-resolution screen than its predecessor, along with a more-comfortable strap design. With no more versions of Oculus Rift being made, the company is all-in on the standalone headset, which can also play PC-powered VR games via the Oculus Link cable. That includes high-end VR games like Half-Life: Alyx, essentially meaning you'll only need one VR headset unless you're interested in playing PlayStation VR exclusives.
It's also partnering with other game companies to bring new blockbuster games to the platform, including Medal of Honor: Above and Beyond from Respawn Entertainment and new Assassin's Creed and Splinter Cell games from Ubisoft. There has not otherwise been a Splinter Cell game of any sort since 2013.