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I don't think that the Vita will even get PSP sales numbers.

When Vita arrives the hardware power is outdated from even mid price smartphones. The PSP had some "cool" and high-end flair around them. Vita obviously don't have this advantage.

The 3DS has the biggest IPs (Pokemon, Mario, Layton, Zelda, Dr. Kawashimas and even Resident Evil, Metal Gear & Co). Games for all kinds of gamers.

I think there is no place for an new handheld between smartphones and 3DS in the future.