Got the update last night. I couldn't find anything about Oculus Avatars, am I missing something?
Anyway, it seems to perform better than the registry "hack", put Dirt Rally up to max settings and it's butter smooth, as is PCars and The Solus Project, very impressed.
Edit: Apparently it's there but "hidden" until the Touch release. Also got two Touch apps (you can't use without Touch) in my Library taunting me. Touch Basic s and First Contact.