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It's not terribly surprising. Until the Vita is adequately able to compete with the 3DS in its current state, it will continue to lag behind. If you try to evaluate the system's worth in a complete vacuum, then it's more than worth the price. Vita, however, does not exist in a vacuum. Whether it intends to or not, it's in competition with every other handheld device capable of playing video games, and unfortunately, it currently doesn't do enough warrant its price tag. I still maintain that the Vita doesn't need a price cut--in fact, I don't believe it will help the situation at all if implemented now--it needs great games. A price cut should only be used to accelerate demand, not to create interest in the device.