>Shitty trippy fake fur material that strains your eyes
PLEASE DO NOT DO THIS EVER. A flat texture with a decent normal is greatly preferable to shit like >>22281
If you have to use some sort of 3D fur, look at what Bloodborne did with the Cleric Beast. I haven't spoken to a dev but it seems to use animated (or just physics deformable) planes with a texture on it. Best would of course be that Nvidia fur, but Nvidia only and I think you saw what it does to performance in TW3.
TL:DR just go with a normal texture or try replicating what Bloodborne did.