If we're all having this much difficulty getting our heads round this, Sony need to make their marketing much clearer.
Plays Vita, PSP, PS1, doesn't ship with a controller or memory card though (at least not in the cheapest of the bundles)
So this is essentially a mini-console that plays Vita games and comes with a DS3? I just thought it would be an TV-out add-on for the Vita.
As I read it: Vita TV is a Vita-compatible under-the-tv console. It can play Vita, PS1 and PSP games (The latter 2 from PSN only). They may also add media streaming functionality.
It should come in at around £75 (hopefully).
The lack of DS3 shouldn't be an issue, as most (early) adopters should have one knocking around already, and if I upgrade my Vita memory card to a 64GB one, I'll keep my 32GB one and stick it in the Vita TV
I can see this being a great first console for my kids - relatively inexpensive, tons of brilliant, but cheap, games (I own quite a few already), no need to repeatedly swap media (i.e. DVDs etc) and it doesn't need a kick-ass TV to get the most out of it.
Can I have one for Christmas?
Edit: Oo Oo Oooo - if this comes out in the US in December, I could pick one up while I'm out there...