I picked mine up day one, I've only got 1 Vita game so far (Marvel vs. Capcom 3). I've purchased a couple games off PSN. I think the screen is AMAZING, even older PSP games look so damn nice. I'm quite happy with battery life, 5 hours or so and I tend to use the sleep mode a lot too. The screen is very responsive to touch. Controls take an hour or two to get used to but feel good. I'm excited for Dragon's Crown from Vanillaware (look em up if you don't know this company) and Tales of Innocence R. I plan on doing a lot of importing. The browser is awful, if you own a PS3 you know what I mean and the Vita's is even worse. I hope they invest more development time in it but I'm not holding my breath as the PS3's still sucks. The data cable is now proprietary. Game instructions are found on the game card only. I highly recommend NOT buying the 3g version (I did not), you'll be throwing tons of cash in the toilet. AT&T's plan are horrible and way overpriced. You MUST buy a memory card for most games, saves, updates, PSN downloads and they are not cheap. The Vita does have a cool backup feature through your PS3 if you buy a small card and want a larger one later. I'm not sure if this was available the PSP, but then again you had full access to the data on the memory and could just copy the files off somewhere to back it up. I'm overall very happy with my purchase, I want to see more developer support! As much as I'd love to play my Saturn titles on this beautiful machine I hope it takes years to unlock.
@jobocan Gravity Rush does look really good! I'm thinking about picking it up as well.