I am always a bit amazed at all the negative comment that pop up with VR technology. No offense to the previous comments but commenting on how the current generation is not going to be good enough, even before it is out, is pretty short sighted.
PS4, PS5, or any PS of the future will not be top of the line. PS4 currently runs $400. a decked out Alienware Aurora cost $3,800. There is a world of difference between console and Gaming Computers. This being said, you have to understand that VR for the PlayStation is going to be limited.
However, it can still provide a unique experience that can be both fun and successful. Everything needs a starting point. Technology gets better as it develops the atari 2600 to ColecoVison to Nintendo to Playstation and on.. If it wasn't for the previous we would not have what we do today. Morpheous or Oculus Rift may not be the ultimate VR but they are a starting point. There is a world of potential yet to be discovered, so I am happy there are those who are developing things and exploring new possibilities.