It plays PS Vita titles, connects to your TV, PS controller and your network. It has its own twitter client, has access to Sony’s Music Unlimited Service, Video Unlimited Service, karaoke and more for around USD$100.
That’s a pretty impressive package for that price.
It will connect to the PS4 and will allow you to play PS4 titles on another TV in the house (that has the PS Vita TV attached). Ideal for households that will use the PS4 as a media center to play movies.
Want one? You will have to wait until after November as they will be released in Japan then. Other areas may have to wait a while. By the time it comes I would like to see services like Hulu available in Australia so you could take full advantage of the features of this device.