Posted a reply to the article at the source:
'LazyGamer' does that also mean 'Lazy Journalism', this whole story is wrong and to be honest the lies you tell disgust the hell out of me
1.) This DOES NOT and CANNOT enable piracy
2.) This is a sm,all exploit that runs on the PSP Emulator on the PS Vita, the best it can do is run a few HOMEBREW games and emulators like Snes etc.
3.) This method CANNOT be used to run pirate PSP games, or pirate Vita games, it quite simply isn't possible.
4.) This exploit DOES NOT touch the Vita aspect of the console, this method is very similar to PS2 Homebrew running on the PS3, a couple of years before the PS3 was hacked and that exploit had nothing or did not contribute to the PS3 being hacked.