PlayStation announced at GDC and on their blog, that the PlayStation VR will launch in October and will cost $399. While the release date is a bit later than their original announcement, their price point is much lower than the Oculus Rift, which costs $599.
The package will include everything you see in the picture below, but it will not include the PlayStation Camera, which is required to run the VR rig. The PlayStation Camera retails for $60, but you can often find it on sale.
Sony says there are more than 230 developers working to create content for their VR, all the way from indies to large studios. They expect to have more than 50 games available from launch in October.
At their GDC address, GamesIndustry.biz reports Sony announced an exclusive Star Wars Battlefront game is in development. The specs of the PlayStation VR were also revealed at the announcement. The headset will feature an OLED 5.7-inch screen with 1920 x 1080 RGB images. It will also have 360 degree tracking and 9 LEDs with a 120Hz refresh rate.
The Playroom VR, which will include six games, will be available as a free download for all PS VR owners at launch. The PS VR will be available to pre-order soon.