As you probably know, there are two models: 1000 (PlayStation Vita) and 2000 (PlayStation Vita Slim).
PSV-1000 features an OLED display and much better colors at the risk of a possible burnin due to the nature of the OLED technology. This is especially true for a gaming handheld, since there are often game elements (e.g. HUD, life bar etc.) present at the same position a lot of the time. There are two versions of the PSV-1000 available: Wi-Fi only and Wi-Fi/3G.
PSV-2000 features a LCD (just like PSP did), which doesn't look as beatiful as the OLED panel in PSV-1000 but also can't get any burnin. It's also lighter and smaller. Unlike the PSV-1000 there is only a Wi-Fi only version available.
There is a CFW available: Henkaku/Enso. Later firmwares have been hacked recently.
You may want to read the following articles:
CFW guide:
http://wololo.net/vita-cfw4dummies/
h-encore, TheFlow’s PSVita/PSTV hack for FW 3.65-3.68, released! : The wait is finally over:
http://wololo.net/2018/07/01/h-encore-t ... ally-over/
Auto-h-encore: Automate (most of) h-encore hack installation on your PS Vita:
http://wololo.net/2018/07/03/auto-h-enc ... r-ps-vita/
If you’re on FW 3.60, should you update your PSVita/PSTV to FW 3.65 or 3.68 and use h-encore?:
http://wololo.net/2018/07/03/if-youre-o ... -h-encore/
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