What I'm saying is this: reality does not hold beauty. The feeling and recognition of beauty is a subjective thing, a brain thing. And the brain can be tricked pretty good.

You've made some great points, and I do agree that the brain already experiences virtual reality. My university has a 3d theatre where you sit 4m from a 15m screen. I got the chance of sitting in the best spot, where my entire vision was filled with this gorgeous, 6*HD 3D screen. The same feeling of Oculus Rift but with much better graphics. And it looked very real, I thought I was actually moving while I sat in my chair. The power of tricking the mind is amazing, and very real.

Maybe I have a different definition of beauty, but for me, beauty isn't purely based on what I can see. A structure can be beautiful by what value people give it, by how long it's been standing somewhere. A place can have value because you can't just teleport yourself there. Similarly, is the view on top of a mountain just as good if you didn't have to climb it? I doubt it.