I couldn't disagree more with those posts dismissing PSVR. It's everything I expected from VR. Playing Resident Evil 7 in VR is a horror experience unlike any I've ever head, no other medium even begins to compare. Having played Dirt Rally in VR it's nearly impossible to go back to a flat screen. VR in those games is like the thing you never realized they absolutely needed, but once you've experienced it you almost can't do without. It isn't a gimmick like motion controls, 3D tv or Kinect, it's a fundamental change in how to experience games.
The only thing holding it back is the relative lack of full, quality games. Technological improvements will help of course, but it's completely viable in its current state already in my opinion. People will mention the resolution, but I'd say its relative lack of screen door effect is a massive plus. I can only hope to continue to push it on the PS5.