A few thoughts strike me.
The first is that we have just seen the fourth (I think) attempt to popularise 3D in the cinema that i can remember. The previous attempts all failed and it looks as though the most recent attempt (which has included television) is dying in the water, as far as tv is concerned ultra high definition seems to have taken all the marketing space.
Visual depth perception occurs due to a number of visual mechanisms. The brain uses all of these to produce the visual impression of position in the visual field. 3D, stereoscopy, uses one of these: disparity, the differences between the content of visual information falling on the retina of each eye due to the eyes being a short distance apart. Disparity is useful for distances which are fairly small, perhaps a few metres. Beyond this distance other mechanisms are used to determine depth.
The ordinary - non 3D - cinema and television experience usually provides us with an illusion of reality which is more than acceptable. Perhaps our involvement with the narrative of the film or programme being shown is sufficient for us to accept the experience as being realistic.
I have a 3D television and I find that prolonged viewing is visually tiring. The 3D images frequently appear "over-real" and manipulated.
I suspect that hyper-reality methods of presentation may enjoy a brief flourish and then disappear. It may even be that they are counterproductive. The brain is well-aware of its owner's real location and may regard additional induced sensations as disruptive rather than integrative and the overall experience may not be as overwhelming as the film makers desire.