Now a Samsung representative at New York Fashion Week has revealed to VentureBeat that the Gear VR will cost exactly that: $200 (about AU$215) - although it's worth noting that Samsung wouldn't confirm this figure officially when contacted by TechRadar.
The future ain't cheap
The Samsung Gear VR is a headset that turns a Samsung Galaxy Note 4 into a virtual reality display, and getting the phone in addition to the $200 headset will jack up the price significantly.
Samsung has yet to announce official pricing for the Note 4, but it's guaranteed to be no small sum.
Then again, if you're already planning to buy the Note 4, maybe a couple of Benjamins isn't too high a price to turn it into a virtual reality experience too?
But no doubt as virtual reality continues to gain steam even more competitors will emerge from the woodwork with their own versions of this exciting tech.
Get daily insight, inspiration and deals in your inbox
Get the hottest deals available in your inbox plus news, reviews, opinion, analysis and more from the TechRadar team.
Michael Rougeau is a former freelance news writer for TechRadar. Studying at Goldsmiths, University of London, and Northeastern University, Michael has bylines at Kotaku, 1UP, G4, Complex Magazine, Digital Trends, GamesRadar, GameSpot, IFC, Animal New York, @Gamer, Inside the Magic, Comic Book Resources, Zap2It, TabTimes, GameZone, Cheat Code Central, Gameshark, Gameranx, The Industry, Debonair Mag, Kombo, and others.
Micheal also spent time as the Games Editor for Playboy.com, and was the managing editor at GameSpot before becoming an Animal Care Manager for Wags and Walks.