The most recent Nvidia driver update, 365.10, should once again be compatible with OSVR Direct Mode. Regular OSVR users should now be able to update to the latest drivers instead of being stuck on 362.00. If you experience difficulties with 365.10, please report details of your configuration (GPU model, etc.) and the issue so that others can be aware.

In addition, the newer Nvidia drivers report a warning about HDCP incompatibility that older versions of OSVR interpret as an error. This means that some older OSVR programs will not be compatible with any drivers newer than 362.00. This includes the currently available Showdown demo, among others. If you update your drivers, please expect this behavior until developers update their executables.

DEVELOPERS: If your executables were compiled before mid-March, please recompile your executables using the latest OSVR Server* and RenderManager, or your program will not be compatible with the latest Nvidia drivers!

The HDCP fix was pushed to RenderManager in mid-March, so not every executable will need an update. You can test your program on 365.10 to determine if an update is necessary.

*As /u/rpavlik pointed out, technically, you will not be compiling against the server. You will require a newer server when testing to take full advantage of the latest RenderManager, though. (Specifically, client-side prediction.)