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If the PSVR launches at more than $400 it may have a hard time of finding a market share and competing with other higher end VR consoles.

If the PSVR launches at $400 as I expect it will likely to moderately well

If the PSVR launches at less than $400 it will likely do very well against other high cost VR consoles.

The PSVR's primary advantages are a strong gaming line up, the best first party support and only requires a PS4 while Oculus requires a high end PC.

This is the Game of Thrones

Where you either win

or you DIE