After much speculation, Sony has finally released the specs and the price point for their VR system Playstation VR. The final, consumer version of PS VR will include an OLED display with a 5.7-inch screen, 1080p resolution, 3D audio, 360 degree tracking and latency of less than 18ms. But the real surprise is the price, the product will retail at $399, which is a full $200 less than it competition, the Occulus Rift. According to Sony, there will be over fifty games available at launch, which will be in October. Watch the video below for more info: