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While I agree with all points on here as to why it failed (mostly games)
It also had so many features going for it. numerous touch controls, remote play.
But I think it was a culmination of things I just pointed out the design, and power aspect. (It was a gripe for me)

Sony and those memory cards are a big deal breaker too, while I understand the reason for it, It would have been nice for them to sell at a much lower cost especially considering since the psp go they have been pushing digital downloads.

On a side note, Both the Vita, and 3ds have seen reduced sales from previous hardware. Does anybody else think this was due more to them being so hard to hack for piracy? I know this is a taboo subject on here to talk about. but if a vita exploit did show up, how big of a hardware boost do you see it getting?