Let me clarify what I meant: If your maximum budget is £500 your options are Oculus, or Oculus. The Vive doesn't compete because I am simply not prepared to spend £700 on a peripheral. I don't want to spend an additional £200 on touch controllers I do not want (I have absolutely no interest in standing up to play video games. I loath the Wii controllers, for example).They are competing head-to-head. Keep in mind that that Oculus price does not include touch controllers (which aren't even available yet), where as Vive's does.