I've owned a PSVR for a month or two now and really enjoy it. Tracking is not as good as Oculus or Vive, but I've not had many issues (unlike some others I've read). It was a MUCH cheaper entry into VR for me since I didn't have a PC capable of VR. PSVR was super simple to setup and just one cable to deal with. The headset is the most comfortable of the systems I've tried (Oculus, Gear VR).
I'm pretty impressed with first gen VR and hope it sticks around, because it will obviously only get better. Love Super hot, Rec Room (free!), Sparc (A simple but fun online game), Star Trek Bridge Crew, Moss. As far as PS4 exclusives go, I want to love Resident Evil 7 but I'm too scared to get very far (loser, lol), Wipeout VR is awesome, and there is a new online FPS that just came out this week which is getting a ton of praise called Firewall Zero Hour. Oh, and on the pinball front Pinball FX2 VR is great!
I don't regret my decision to buy it at all.