i have windows 10 and oculus 0.8 drivers.
the preview mode is in a popup window, oculus is not recognized as a separate monitor.
according to this answerhub thread: https://answers.unrealengine.com/questions/296531/vive-locked-at-60-fps.html
thats the reason its capped. problem is that the new 0.8 oculus drivers does not have display mode as they used to. only director mode which is a popup.
ive tried setting the framerate in the unreal engine but thats not the issue.
so how to fix this? i can imagine this is a common issue.