Just in case you forgot, the PlayStation VR is priced at $399 and in terms of dedicated VR headsets, it is the cheapest of the lot although gamers will need to own a PS4 in order to operate it. However compared to the HTC Vive and Oculus Rift, both of which require some pretty demanding specs, it is still a cheaper option at the end of the day.
So far the HTC Vive has been receiving the most favorable reviews compared to the Oculus Rift, so it will be interesting to see where the PlayStation VR will stand, although given that it is aimed more at the console gamer, we reckon it will probably appeal to a more gamer-centric audience, versus the Rift and the Vive which can be used for non-gaming purposes.
In the meantime Sony has also announced games compatible with the PlayStation VR, like the new Resident Evil 7 biohazard and Batman: Arkham VR, just to name a few.