That doesn't mean morpheus won't be coming next holiday or that they can't show off a came that is being built for it. Show off a game in development for it and keep hype and interest for it from falling. Plus we already know Project Cars is going for Morpheus support so it's not out of the question for a morpheus centric game to be shown.
I didn't say that it's certainly not a VR game. I just doubt it. I also have serious doubts about Morpheus being ready by next holiday. You're talking to someone who is pretty sure that headset isn't coming until 2016.