Quick quotes: Vita a "premier product" compared to development-friendly Xperia Play, says Sony
"The Xperia Play - it's the PlayStation Suite on the developer side - is designed to allow for smaller game types, mobile game types, to include PlayStation content. Those more engaging experiences, the ones that allow you to affect the world around you and the world affects your gameplay, will only be available on Vita. The Vita is the premier product in that portfolio, where it has the biggest and best franchises, as well as the smaller pick-up-and-play games. It has so much range and diversity of content, and that's where Vita is really going to shine.” - Sony's John Koller, speaking to IG on why Play and Vita are on the market at the same time.
Vita launches in the west on February 22.