Yes but generally, it's easier for a sorcerer or witch to develop reality warping powers, maybe because people tend to search a scientific explanation for psychics powers, which limitates them to "reality and its restrictions", while magic is used to break those restrictions.
Yesterday I remembered that sometime ago I found a discussion about which one of these powers is better, I chose magic because is pretty vast and almost all the time magicians are portrayed stronger than psychics. However, there are some psychic characters that make me think again which power is stronger because they have really high levels of power that make some magic users look weak, such as legion, shaman x-man, god-like cable and phoenix for example. So which power you consider it's better and why? Also which power you'd like to have?