Sharing a video comparison uploaded by Preach Gaming of the Vive versus the PSVR – absent my own run through and testing of both platforms, I cannot give a complete opinion of the two. Regardless, this video gives a lot of valid points on comfort, launch titles, setup, and the cost.
For me personally? I’d go with the Vive. Partly because I don’t have a PS4 and already have a good PC, but mainly because of the potential and the wide extent of expandability the Vive has. Pretty much the same story of getting a PC instead of a console.