Is there any word yet on whether the Vita will allow users to have multiple region accounts on the same device? I currently have to switch between two PSPs on which I have digital content purchased from the US and JPN PSN stores. It is quite a hassle. If the PSV adopted the PS3's ability to seemlessly switch between content and accounts from different regions, it would be a selling point for me. Not sure if this is an issue for anyone else but, in my opinion, region fee fuctionality is a major bonus for any modern gaming device.
I've never bothered with Japanese titles so yeah, no problem for me BUT what I don't want is it to be region locked. That would suck A LOT. Not a good move.