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superchunk said:

 

The idea is a console that has two truly distinct playing options in a single game.

Basically its a console and a portable console that are effectively the same system. Not in the sense that Vita can stream PS4 games. But that you can take the actual game out of the console and put it into the portable.

So, similar to how some PSN games are cross-buy? Purchasing a cross-buy game gives you both the PS3/4 and Vita versions.