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Turkish said:

Its only 99 dollars, plays PS1 PSP PSVita games and can stream music and video. But the biggest feature is being able to stream PS4 games to another tv and play them with your Dualshock 4. This is pretty big and I can now play PS4 games in my small tv somewhere else without buying a 2nd console

My only worry is the resolution though!

 

yea, the stream will probably be 720p

maybe a later version of the vita tv will support 1080p output and 1080p stream from PS4 some years down the road, but I guess at start 720p will be fine as you will probably do the main part of your gaming at the TV your PS4 is actually connected to