While we are weeks/months away from knowing the true impact of the 3DS' price cut, if it does turn out that the 3DS' sales see a significant sustained increase due to the price reduction (which is likely) it could be said that the $250 price tag of the 3DS was a major factor in its poor sales performance ... and this would certainly not be a good indicator for Sony.
Time and time again it has been demonstrated that consumers do not value a system based on its price compared to its manufacturing costs they value it based on the cost of the system compared to the benefit its basic functionality adds for them; and they generally will see systems as being (roughly) of equal value if they are of a similar age in a similar role. For example, a $250 Wii that is sold at a significant profit over its manufacturing cost was seen by consumers as a much better value than a $400 XBox 360 or $600 PS3 even though both Sony and Microsoft were losing money on the sale of each system.
While a $250/$300 PS Vita may be a great value based on certain metrics, the fact that it is being sold at/above a price level where the 3DS struggled brings to question whether the mass market will accept any system that is sold at/above $250 at this point in time.
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