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SlayerRondo said:
The Playstation VR only requires a PS4 to play while the Oculus Rift requires a high end PC.

Given the above it's likely the Playstation VR will launch for a lower price.

Oculus may be more powerful but the PSVR will be cheaper and easier to use.

 

And the ps VR will have a much much much higher install base to launch too.  And rapidly increasing by the year.  VR devs will be flocking to Playstation.