Update: So, turns out the PS Vita is not -- we repeat, not -- limited to one account per console. It is, however, limited to one account per memory card. Those proprietary storage sticks are tied to a particular PSN account, but multiple people can use the same device simply by swapping the cards.
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PS Vita shuns multiple accounts and in-game web browsing, disappoints FAQ lovers everywhere (Updated)


Update: So, turns out the PS Vita is not -- we repeat, not -- limited to one account per console. It is, however, limited to one account per memory card. Those proprietary storage sticks are tied to a particular PSN account, but multiple people can use the same device simply by swapping the cards.