Originally Posted by hello1
Exactly. It is fully possible to run homebrew etc. on the 3DS in DS mode. It would be cool if this worked on the PS Vita as well, because this way homebrew is possible on the Vita and Vita piracy would be a non issue 
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Not quite. This would only allow PSP level homebrew, meaning the developer would be restricted tot he PSP's specs and not the PSV's and they probably would not be able to use the touch screen and pad...