Vita price cut was already mentioned by heads of Sony. What would matter more is the games. Japanese studios could make the difference for the Vita's Japanese fortunes and Vita sales continue to improve, however so slightly.

Next gen? All with a grain of salt. Won't believe a thing till either Sony and Microsoft begin hinting to and discussing their respective new offerings?

@Megavideogamer Innovation doesn't sell well is kind of an incorrect and correct statement at the same time. The current climate may not reward innovation much, but that could also be coupled with the rather shaky/shitty/uncertain economic climate in general.