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Are you downloading 4.7 off of GitHub? That is not same as 4.7 preview 5 that we just released. version on GitHub includes more recent commits and can cause problems due to lack of internal testing. Preview 5 is available through launcher and I would suggest trying VR with that to see if it works.
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Turns out for some reason my Oculus runtime broke. I hadn’t restarted machine so it must have been a graphics or some other update that I ran that broke it. good now from both Preview 5 and GitHub. Thanks!