I've heard good things about this game but I haven't tried it yet. I think it's coming to PSVR if it hasn't already. Not sure which version I'd prefer.
I played a demo of the vanilla version a few years ago and while it was allright, it didn't really grab me. Now I have played the psvr version and I would say get that, but prepare to be equally frustrated as amazed.
First I played it while sitting. Sort of works for a few levels, however you can't grab things from the floor, can't hide behind walls etc, can't dodge as well, and it's just not as cool. However while standing I frequently got the out of play area warning, punched my wall twice, and had a whole lot of funky tracking issues. (There is no movement option, just wherever you can get too before the camera loses you) When it works it's amazing, but it often doesn't. Throwing doesn't seem to work at all for me, the item either stays put where I release it or goes wildly off track. Guns don't always fire straight either. When I line up a shot in the sights I expect it to go that way, not too high or off to the side.
At least restarts are fast, but you restart from the beginning of a sequence which can become frustrating. (Gameplay consists of a series of steps you have to survive in each sequence, you warp to the next point after defeating the red guys) In one early part of a sequence I had to wait for the AI to get close enough to grab his gun. Sometimes he would just stay behind and keep firing and all I could do was dodge. Not fun if you have to do that over and over to get to where you were.
However when it all works it's brilliant. You really feel like Neo, bending around bullets, deflecting them with your gun of knife, shooting around corners or through balustrades, duck down and end up lying halfway on the floor under a hail of bullets to finish off the last guy. Just remember the reset viewpoint button and make sure you don't drift and end up punching the wall!