Today news comes to me regarding a rather prompt system software update for the PS Vita (version 1.50). The newer firmware brings some features for the PlayStation Network and some security enhancements. Also note that when reading the end user licence agreement (EULA) you wave your rights for class action or arbitration against any “SONY ENTITY”.
Here are some quotes from the EULA:
You or the Adverse Sony Entity may initiate arbitration in either San Mateo County, California or the county in which you reside. If you select the county of your residence, the Adverse Sony Entity may transfer the arbitration to San Mateo, County if it agrees to pay any additional fees or costs you incur as a result of the change in location as determined by the arbitrator.
IF YOU DO NOT WISH TO BE BOUND BY THE BINDING ARBITRATION AND CLASS ACTION WAIVER IN THIS SECTION 8, YOU MUST NOTIFY SCE IN WRITING WITHIN 30 DAYS OF THE DATE THAT YOU ACCEPT THIS AGREEMENT.