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I think it will be one more interesting option, but not a replacement for anything in particular. Some guys love going to the strip club and watching a good feature, but they don't want a lap dance or they don't want a blowjob or a fuck.
Getting to fuck a girl is an old school thing which might seem like more, but a lot of people aren't looking for that, so prostitution doesn't make dancers obsolete and cams don't make prostitutes obsolete. But there is money to be made all along that spectrum.
I would bet that pirates will figure out how to snarf VR recordings. No technology humans can create is uncrackable by humans.
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