First, the price. At $ 549.99, PSVR2 was more expensive than the same PS5. This is a lot to decrease, especially when you also need to buy VR games for the maximum benefit from them. Moreover, unlike the Meta Quest headphones, which do not need any control unit, PSVR2 requires obtaining PlayStation 5. So, you not only pay for the headphone, but also the console if you don’t have one already.
