There's a thread in the VR forum but I think it worth pointing the wider console community to it as first impressions come in. Particularly it sounds in one impression like the foveated rendering is very effective and PS5 is managing to keep up with the visuals. Rather than split the discussion I'll just leave a pointer here to the beginning of the hands-on reporting:
Sony PlayStation VR2 (PSVR2)
https://www.ign.com/articles/playstation-vr2-should-make-it-easier-for-developers-to-port-their-games
forum.beyond3d.com