Here is a link to the initial UMD passport games that will be available to transfer to the Vita (most of them for 500-1000 yen):
Based on that list, we can get some sort of idea what games may be available for the program when/if it comes here. Here are titles I see that have come to the US under this program (but I am sure there are more):
Dead or Alive Paradise
SNK Arcade Classics
God of War: Ghosts of Sparta
Prince of Persia: Sands of Time
King of Fighters
Metal Slug XX
Valhalla Nights 2
Metal Slug Collection
seems to be none of the really good games on the list. at least to me anyway. the us version that is.
Want a option to buy avatar's on the ps vita's psn store. Then vote on the link by copying it to your web browser.
Well if Crisis Core and KH BBS are not added to the list, they're crazy.
There was mention that Square Enix was going to be involved, but that is no assurance that those titles will be involved, especially if they aren't already in the PSN store (in Japan), I know they aren't here...
Since it is already in the PSN store (assuming the program comes here), it should cost $5-$10 to get it converted, but that could not happen if Konami is more interested in selling the HD Vita version instead...