I've been using an Oculus for a little over 6 months now, and I have to say, once you get used to it (maybe 5 minutes or less) it's incredibly hard to go back to a standard monitor.
All that stuff you say to new drivers about using their mirrors and look buttons is natural and automatic in the Rift. I can't say it's made me a faster driver, but I'm certainly more aware of where I am on the track in relation to other cars and bits of scenery - walls especially