Merry Christmas
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@Calum 970 is at the bottom in the top 5 performing GPUs for VR. R9 Fury wins it, 1080 second, 390X third, 390 fourth and the 970 is fifth. So in one sense you're at the bottom GPU wise, but you can still run VR, so I wouldn't get too bogged down on it. HTC Vive 2 was announced as well so if you want wait until that to get a first generation vive for cheaper.
Also if some of you folks want to add me on steam feel free, just make sure to pop a comment saying who it is either on my profile or pm me otherwise I'll probably ignore it.
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@Mightyman HTC had previously mentioned they planned to unveil the Vive 2 at CES this January but they then announced they won't be. A vive 2 is in the works, but we don't know what it's going to offer in difference. Right now it is convincing that it will be wireless and the resolution of each lense will be upgraded.