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I honestly think if Sony did a price cut on the Vita in europe, and maybe put a little developement behinde a game or two for the vita. Sales would be healthy for along time forwards.

Sony needs to work on getting all the japanese games translated atleast into english, as well.
The vita dispite everyone claiming it being dead, still has a thriving software eco-system, and sales are still okay.

I would like to see Vita's at 175$ or less if thats possible for sony without selling them at a loss.

(maybe its time for a revised model that cuts down in part costs? like the 2DS vs the 3DS).