We may earn a commission from links on this page.Sony's PlayStation VR 2 headset is getting a permanent price price drop this March, down to $400 from $550. That'll include the headset, the controllers, and a pair of wired earbudsbut is that a deal worth getting excited over?Well, for Sony, maybe. The price cut comes a year after Bloomberg reported that Sony had stopped making new PSVR 2 units and shifted efforts towards getting rid of excess stock. That points to lower-than-expected sales for the peripheral, and it's easy to see why.Sony's VR loyalists were surprised to hear when the headset came out, for instance, that it would not work with the existing library of games built for PSVR 1. That's because the PSVR 2 uses improved tracking technology and controllers compared to Sony's first crack at virtual reality, but still, the difference meant gamers had to rebuy their entire libraries, or just ditch games that hadn't been ported to the new headset altogether. This means PSVR 2 gamers have a slightly smaller selection of games than on other systems, with little assurance that their games will continue to work as hardware gets upgraded. Even Sony mascot Astro Bot has yet to come to the new system, with Astro Bot Rescue Mission still being stuck on the PSVR 1.That doesn't mean the headset is totally unworthy of the upgrade, though. It has a higher resolution than the PSVR 1, with a higher field-of-view, more precise controllers, and the addition of eye tracking. Having tried it myself, I was pretty happy with the experience, but I didn't see much to use it on with the PS5.Luckily, in the time sense its release, Sony has made the PSVR 2 available for PC, with the release of a $60 adapter. That just about fixes the library issue, assuming you have a VR-compatible PC, but it also opens the headset up to increased competition. Namely, while the PSVR 2 is well-priced compared to luxury PCVR headsets like the Valve Index (which can reach upwards of $930), it still has to compete with the likes of the Meta Quest 3 and 3S, which also work with PC.Compared to those other devices, whether this price drop is a good deal comes down to your priorities. It's still more expensive than the Quest 3S ($300), but it has higher-resolution displays and a built-in halo strap, something that I find more comfortable than the default Quest strap. On the other hand, it doesn't have a processor for standalone gaming and loses out on Meta exclusives like Batman: Arkham Shadow. The PSVR 2 is cheaper than the regular Quest 3 ($500), but you do get those same downsides plus slightly lower-resolution screens. However, the PSVR 2's screens are OLED, and again, it's pretty comfortable right out of the box (I've swapped the default Quest 3 strap for an aftermarket halo strap, which cost me $50).Personally, I'd prefer to see another $50 chopped off before I start recommending it, but it could work in the niche case where you don't care about standalone play and just want a comfortable PCVR headset that can occasionally also come to the living room to play the odd Sony exclusive, like Horizon Call of the Mountain. Bloomberg has also reported that Apple might soon adopt the PSVR 2's controllers for use with the Apple Vision Pro, so getting a set now could get you ahead of the game if you plan to upgrade later on.Note that the exact start date for the price drop might vary based on region, according to Sony's blog, so be sure to check your local retailer before purchasing.