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Squilliam said:
You shoot a lame horse not a dead one. That is the reason why people aren't talking about how badly the Vita is doing. Anyway one thing to keep in mind is that it isn't going to get any easier for the Vita given the fact that we've got some wicked cheap tablets like the Nexus 7 and new Apple hardware every year along with the equivalent Androids. Apple controls the portable media market, Nintendo controls the portable games market and whatever is left is Vita sales.

I'd argue that there is room for the Vita AND the 3DS, the problem is that the Vita hasn't provided enough games that people want to play... yet. COD, Bioshock, and Assassin's Creed may change that. All three plus a price but and bundling could give it the shot of adrenaline to the heart it needs, at least in the West. (For Japan it wil need to bag some big name franchises there)