I'm afraid so, too. I've got a firmware v1.69 VITA just for the purpose of a possible Vita-side CFW and was hoping all the great PSP devs that did emulators would come back for a VITA-side emu; first their old stuff and then a console generation after that.
PS: did you know that in Canada school kids (under 12) are being indoctinated in schools how bad "piracy" is and "Internet downloading" is? How are these kids ever going to get in the retro gaming-scene and develop a love for emulators and maybe start their own when they are 16?