@DEVILinIRON: That really depends what Vita games you are looking to play on. I came late to the Vita as I was still enjoying my PSP as well but I knew it was time to let it go, so I bought the Vita almost near its lifespan.
Though I guess right now, PS Vita is the best way to legitimately) play PS1 & PSP games since Sony's given up on its backing-track catalog of games.
PS Vita was an excellent handheld for its time, but failed for the same reasons as the Wii U and 3DS (at first) lack of games. I loved playing Vita games like Metal Gear Solid HD, Uncharted: Golden Abyss (its the only truly Vita exclusive that never left the device) Gravity Rush, and Soul Sacrifice.
If you are gonna purchase the Vita, be sure to buy the games you want to play digitally as Sony nearly killed the PS Vita store and its only a matter of time when Sony will shutdown the store.
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