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Apparently, Sony's Priorities go something like this.

PS3>Wonderbook>Playstation Plus>>>>>Vita.

However you try to spin it, this shows a lack of commitment to the Vita, and a lack of confidence. They're either saying "The Vita is not interesting enough to people to give it time at our conference" or "we're not interested enough in E3 to put it in our conference". Either way, not good news for Vita owners.