Oculus is working hard on the motion controls and having used the Oculus Touch last year at E3 and CES, I found it to be a very elegant solution.
Hopefully, Touch will be out this year and while there's no hard date on when it's coming out, we can safely assume that it will be before 2017. That said, Oculus announced that over 30 titles will be Touch capable at the end of this year.
Titles include Edge of Nowhere, The Climb, and Superhot. There's a large plethora of games that will let you ditch the controller and use motion when playing.
Pricing has not been announced, but for those wanting a full VR experience, it will be worth to pick them up if you own an Oculus Rift.