I think you have your facts confused.
The Vita will be compatible with all PSP games, mini's, and PS One classic available for download now at the very least. Sony has already stated that select PSP games will have the option of updated control using the dual analog sticks along with the standard emulation upscaling and smoothing effects. In addition their have been talks about some sort of program for those with extensive UMD libraries which I don't honestly think will go anywhere but there it is.
That being said the end of Febuary is a lot sooner then I expected and I can't wait.![]()