The Oculus Go might actually be the future of VR, and not the PSVR.
Getting great VR is freakin' expensive and that's why it hasn't taken off. The Oculus Rift requires a muscular machine to juice it, and even the PSVR costs S$549 with Playstation Move Camera. (Excluding the game console and controllers!) I've tried, but I'm reluctant to use my iPhone for VR either due to its enormous strain on the battery. My phone would burn up in the headset risking long term damage to its hardware.
Facebook's new headset does away with any external hardware (or smartphones). Of course, we wouldn't expect the same processing power but at just US$199 (S$270) the headset will surely be an attractive entry point for users to adopt VR en-mass without the burning a hole in their pockets. Our man Mark the Zuck has stated that he wants a billion folks in VR in the near future.
With a single-motion controller, users can now hop into Facebook's VR social platform and enjoy games from Samsung's Gear VR library. The Go also has built-in speakers and a 3.5mm audio jack - for more privacy.
Facebook hasn't released any information about its battery life yet, but until more information is available, it's safe to assume that it won't last a full day's use.
The Oculus Go is targeted for an early 2018 release, with developer kits shipped by November 2017.