Some of the games include Medal Gear Solid, Crash Bandicoot and Spyro. I personally could not find these games on the Vita psn store. However it is reported that you can buy them from the ps3 and they will work for the Vita.
Be careful when making a decision on buying a ps1 classic based on this news. Once again Sony has not officially announced anything, so take the chance at your own risk. Keep it tuned to VitaBoys for any further updates.
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