The Climb is decent but not worth the $50 they are charging. The gameplay is OK with a gamepad, but it's very disconnecting and immersion breaking compared to Vive games that use motion controls. I've completed about half the climbs, and it doesn't really pull me to play more.
You unlock gear which isn't exciting at all and as far as I can tell provides no benefits, just visual. They could have easily given different gloves stats, like more stamina/grip, faster dirt clearing, immune to toxic holds, stuff like that.
Graphically it's a let down which I did not expect at all. I am fairly certain it's not 1.0 resolution, I think it's scaled down to improve visual aspects in other ways and keep fps up. And there are no options to really change anything, there is only a "High Quality" check box. Everything is so blurry in comparison to other games. I would have much preferred it to run clear (well, as clear as you can get from the Rift), over other visuals. Especially considering the low resolution of VR already. For example you'll see guys in wingsuits fly by which is cool and all but when you look at them they are mostly a blur/blob. When you look off into the scenery it's just so fuzzy it looks kinda crap. Also cables/wires you see, if you aren't really close they are really aliased and look terrible.