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Very good thread.

But the poll is a bit wrong. It should allow multiple answer as there can be more than one reason.

I ended up just selecting the conclusion, wich is its a dieing system so it a very high risk buy atm.

The real reasons are that 1. I got a 3DS and a PSP this year. 2. Price is too high for a handheld 3. Due to lack of support, i see lack of games. Conclusion: Too pricey, and bad sales make it a risky purchase.
Personally i would like to get a few games for it, but i dont want to buy a system for 3 games, even if it drops in price. The good thing about the 3DS is even if not many titles that i want come out for it this year, i know that theres alot more coming in the future that will make it even more worth it (unnanounced ones). Its that hidden potencial that is the Vita's biggest problem. Its a problem born out of Sony's incapability to drop the price and increase sales while they could. Now, its too late. Everyone admits to it beeing dead (who isnt a fanboy).