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I have two issues with PSVR taking off.

First off: cost. How are you going to convince people to lay down another 300+ dollars for a device that has limited use for a system they had to pay 350+ dollars for? That's a hard sell. Sure they can bundle it but would Sony actually make money off of that?

Last: audience. Is your average joe that buys the PS4 going to be interested in VR? If the interest is not there then that already isn't a good start.

If Sony can solve these sorts of hurdles then I feel VR could secure it's own niche (though who knows how big). And for how long Sony will deem it worthwhile to cater too.