Looking at the specs I thought it could be like an overclocked PSP, but then games like Resident Evil shows us that it is, VISUALLY, kind of a stop gap between PS2 and PS3 era.
I consider PSvita to be a portable x360, less capable yes, but as with the 3DS, rendering pixels on a small screen can fool you into thinking the game is better looking than it actually is. 3DS beneficts from this even more with glassesless 3D.
Although both 3DS and Vita can share a good chunk of game engines, which wasn't the case with DS and PSP.
Also, because 3DS is settling itself as the king of portables, I expect the Vita to get many up ports, not pushing the hardware. Big graphical powerhouses for the Vita will be rare, and mostly from 1st party studios.







