Boneworks doesn't do teleportation and has a full-body avatar. You move with whatever joystick equivalent your controllers have - no other way. And it's the best selling VR game presently. For most VR players, it doesn't bother them at all (including myself). VR motion sickness seems to be something most people can quickly train out of. New players on the other hand, it's instant-barf mode. Then there's those rare genetic few that will barf after a single turn on a tire swing.

I think it's best when games make both options available, and it doesn't seem like it requires all that much in resources to do it.