If developers are supposed to be targeting an R9 290 or GTX 970 (lets not even discuss CPU requirements), for the Rift, you can forget about Xbox One support.

Bit too much but I figured the first sets would be a bit pricey until the tech matures.

I'll probably end up with the Galaxy Gear VR as I have a Samsung Galaxy S6 and the sets only $99... assuming they bring it to the UK.

they also said it would be priced as low as possible.   ...and to be frank there is less tech in psvr than in psvita which launched at $249 to $299 (wifi vs 3G) and was also a new platform.

yeah but just compare the specs:  http://www.digitaltrends.com/computing/oculus-rift-vs-playstation-vr/

OR's resolution is much higher.

OR has higher FoV.

OR has magmetometers.

OR's constellation tracking system uses infrared tech which is more expensive tech than the visual light that ps uses.

OR ships with an xbox one controller which i promise won't be the case with psvr since it's being built for ps4 where everyone has to already have one.

psvr is cheaper to produce.  it has to be or sony is doing it wrong.

PSVR will have to ship with move controller though and the camera.

no they don't, the ps4 pad will be the standard just like how OR is shipping with an xbox pad and their motion controller thing is sold seperatly.  also there are like 30 million move controllers sold,.. i have 2.   and a charging station.  and a nav.  and a ps4 camera. 

they'll sell just the headset as an option.  there will also be a bundle with the camera.  maybe even a premium bundle that also has a move controller.  the headset/camera bundle with what i think retails for $300.  $250 for just the headset.  $350 for headset, camera, move, and nav.  that's my prediction.   maybe subtact $50 of of each if sony is particularly bullish.

Unless the Rift had some significant improvements, this seems overpriced based on my experience.

Does OR use an RGB screen now or still a pentile display like the DK2 version?
Otherwise the resolution is not actually higher and psvr has the more expensive screen.

PSVR has a higher refresh rate, I wonder if it will come with some kind of frame interpolation hardware to reach 120 fps that will add to the cost.

Honestly, I think the Oculus will launch at $399, and be sold at a loss, because Facebook wants to increase the number of users it has.

I also think that PS VR will be sold for $399.

People seem to forget that Sony had a few "head mounted display" models (model HMZ-T1, -T2 and -T3) that sold for $800 or more ($1,300 for the T3) not too long ago. I doubt Sony wants to sell PS VR at a big loss.

PS VR is great for a single person who lives in a small apartment and doesn't have a big TV or doesn't have room for a big TV. With the headset, you will feel like you are looking at a big screen TV, and you won't actually need a TV at all. $399 for PS VR is quite cheap when compared to buying a 65" TV.

Personally, I don't fall into that category, so unless there is a killer app (something like Star Citizen for PS4 maybe?), I cannot justify the investment.

I believe the consumer version is stil pentile but they did change from one 2160 X 1200 display to two 1080 X 1200 displays.

PSVR does indeed use a processing unit to split the image and perform frame interpolation.

Edit: I should also say that I think PSVR will have a lower starting price. Even if just because the very base version won't need to come with anything. No headphones, no controller, not even the camera.