According to Oculus co-founder Palmer Luckey, Sony’s PlayStation VR won’t be as “high-end” as the Oculus Rift and will be nowhere near as powerful due to the limitations of the PS4. He also noted that both pieces of tech are targeting two different markets and that the PlayStation VR is still a good headset.

“I think that there’s not many people who already own a PS4 who don’t own a gaming PC who are going to go out and make that roughly $1,500 all-in investment in the Rift,” Luckey told the IB Times. “It really is a separate market. They’re bringing virtual reality to a different group of people who I don’t think were ever really a part of our market anyway.”

“It’s also worth noting that their headset isn’t quite as high-end as ours — it’s still, I think, a good headset — and the PlayStation 4 is not nearly as powerful as our recommended spec for a PC.”

Due to the PlayStation 4 console costing considerably less than an Oculus Rift ready PC does, Lucky revealed that they made the Rift to be hardware that anyone could use and that it is the bare minimum of what is needed to but is still using the most advanced technology available today.

“We wanted to make hardware that everybody could use,” he said. “The Rift is really at the bare minimum of what that takes but also at the top end of what you can make with today’s available technology.”

A PlayStation 4 can currently be picked up for £299 in the UK, with a PC powerful enough to run the Rift, along with the headset itself costing well over £1000.

The PlayStation VR currently doesn’t have a release date or price, but it has been mentioned before that it could cost roughly the same price as a new console. If that is the case, the PlayStation VR will still be much cheaper than a PC with an Oculus.