that's not a bad price. u can do everything with an rgh that a cfw ps3 can do. u can't sign in to live though unless u pay a ridiculous amount. microsoft has their shit together a lot more than sony does.
edit: btw, the dev responsible for rejuvenate on the vita has said that the security of the vita was no better than that of a cell phone. sony just thinks they've created something secure. the only reason for lack of hacks is lack of interest.